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Michael Howell: Can The Fed Keep Raising Rates During A Banking Crisis? | Michael Howell
Forward Guidance
What You've Got to Go Back to Is a Sensible World
Central banks have given us a problem because they have kept interest rates low for a long time, which has encouraged people to take on more debt./nWe need to get rid of the debt we have, and this can be done by raising interest rates, which will make people pay back their debts and reduce the amount of debt in the system.
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