Easy Money For 2 More Years
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The Helicopter
I begin with a simple idea. It appears that easy money will continue for many months, even years. Before getting too far ahead, here’s a foundation:
Easy money, in academic terms, denotes a condition in the money supply and monetary policy where the U.S. Federal Reserve (Fed) allows cash to build up within the banking system. This lowers interest rates and makes it easier for banks and lenders to loan money to the population.
But, it’s really…