We talk a lot about how central banks serve as the primary force driving the business cycle. When a recession hits, central banks like the Federal Reserve drive interest rates down and launch quantitative easing to stimulate the economy. Once the recovery takes hold, the Fed tightens its monetary policy, raising interest rates and ending QE. […]
The Fed Plays the Economy Like an Accordion
from SchiffGold.com http://ift.tt/2lffFwb
