Inverted yield curves may alarm Donald Trump and the wealthy, but it’s just more stagnation and inequality for the rest of us (South China Morning Post)

  • Low interest rates after the 2008 crisis limit our response to the next recession, but that’s not the only problem
  • For those who aren’t wealthiest of the wealthy, prevailing low interest rates have meant salaries stagnate and savings evaporate

https://www.scmp.com/comment/opinion/article/3026207/inverted-yield-curves-may-alarm-donald-trump-and-wealthy-its-just

David Dodwell

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