Posted 3/29/2020 13:18 (#8149122 - in reply to #8148815) Subject: RE: Interesting take on GOLD
How much more credit expansion can we absorb? All this hoarding is being put on credit card , to be dealt with later, student loans, car loans , home loans , home equity, etc . We are becoming slaves to debt. Raise rates might slow the borrowing, and encourage people to save
We need to save more , not borrow and spend more