Monday, May 27, 2013

Drowning in a Liquidity Trap? - Frank Shostak - Mises Daily

This is a little off topic, but does bring good analysis to the fed's money printing/interest rate manipulation.

Drowning in a Liquidity Trap? - Frank Shostak - Mises Daily

1 comment:

  1. I don't quite understand one statement, he says that the liquidity trap is happening because isn't going up? That just means that because people aren't becoming much richer,so no matter how low the interest rate is, they do no with to invest right?

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