The Federal Reserve is in crisis mode, as 10 years of public scrutiny have shamed the institution. Between QE programs that allowed the wealthy to invest in “normalized” investments, by borrowing cheap credit and have allowed the governments to issue bonds, with no accountability, FED chairs, from Bernanke, to Yellen and now, Powell, are now under the magnifying glass.
Trump is waging a Twitter storm and demanding lower and lower interest rates!
America is on the brink of finding out how a 1970s repeat looks like and, contrary to then, it is not the largest CREDITOR nation on the planet, but the largest DEBTOR.
This will bad horribly.