The Federal Reserve’s mad experiment is going to end badly. There are signs that the beginning of the bursting of the bond bubble is upon us.
For those who have grown up over the last 35 years, normal interest rates are something we cannot fathom. We have been like prisoners in the Fed’s “Plato’s Cave”.
Apologies for the poor audio quality in the animation. The link to the original, with better quality, is here:
Courtesy Bullhead Entertainment.