Fed Fears Deflationary Debt Collapse
• Michael Shedlock / MishCutting interest rates from 4.25 to 3.0 in less than two weeks tells the real story. This is what Fed actions say: "We are scared to death about a deflationary debt collapse".
Cutting interest rates from 4.25 to 3.0 in less than two weeks tells the real story. This is what Fed actions say: "We are scared to death about a deflationary debt collapse".