
#8 GREED & Fear
Behind the Balance Sheet
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Is There One Law for in Wen, One Law for the Others?
The problem they've got o is that they can't really use interest ratest all to control inflation, because tey've got so much tat when now they're in a box. I don't believe the rates are really going, you kno, go up, but i'm assuming that for now they're talking like they're serious. But of us, if they did really raise the rates, then the government debts for servicing requirements would become too extreme. And it not not everywhere in the g seven world. The emerging markets hade been following more classically orthodox policies. So they actually had been doing what the text books recommend. There's one law developing countries and one law
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