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Low rates is keeping economic activity going. Raising rates into this is bad bad mojo. There is no inflation ... yet.
Wrong, low rates are forcing banks to stop lending for real estate. Their spreads are too low. It is counterintuitive, but low rates stop lending.
I wrote about Jamie Dimon on the subject. http://www.talkmarkets.com/content/us-markets/jamie-dimon-is-janet-yellen-proving-will-rogers-right?post=106802&uid=4798
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Get the fuck out, Yellen!
#Sacked
#YugeBubbleThanks2Yellen