|
| No sure if this matters in your analysis, but does the massive change in the money supply change the ranges you are talking about. In the 70s and 80s at least we had some semblance of sanity at central banks and congress, now it appears there is no grown ups in the room. I am not doubting it can go to 2.65 but the little voice in my gut is questioning whether the powers that be have shifted the models with all the money printing. | |
|