Awash in Liquidity, Part 2: The Long-Term Consequences of Falling Interest Rates
First published at Minyanville.com http://www.minyanville.com/business-news/the-economy/articles/Awash-in-Liquidity-Part-2-The/5/28/2014/id/55108 There are going to be unintended effects that we can’t yet discern, but there are some issues that we already know about. In the first installment of this two-part series (Awash in Liquidity, Part I: Why Interest Rates Are Falling), I discussed how the world has come to be knee-deep […]