I’m starting to wonder if we’ll hit zero in the next couple of years – ala Japan.
If we do hit zero with deflation concerns, – doesn’t that pretty much make the Fed out of the picture with no decisions to make ?
Perhaps after they hit zero they will start issuing the lower income people who pay no taxes rebate checks (free money) so that we can subsidize idiotic spending some more that way…take money from the people who make it and give it to the bums who have no income and are more likely to blow it away.
