Corinne Nita
Sep 21, 2021

The Federal Reserve's dollar swap lines (funneling USDs into the financial sector to support the stock market) may be tapering in the next few months, and Congress decides what to do about the debt ceiling this month, but that might drag on. Things will be hectic for a bit.

The Fed's not going to raise interest rates for at least a few years, and the foreign dollar swap lines and low interest rates caused a global rise in housing prices. It looks like banks have invested in assets like housing developments to store wealth. I wonder if derivatives will take off.

Corinne Nita
Corinne Nita

Written by Corinne Nita

We need the social with the science to call it economics.

Responses (1)