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Article: Beware of Markets Pricing Fed and ECB Loans as Gifts

Article: Beware of Markets Pricing Fed and ECB Loans as Gifts

Dr. Brendan Brown, senior fellow at the Hudson Institute, founding partner of Macro Hedge Advisors, and member of the Ludwig von Mises Institute Europe Editorial Board, examines the belief that the Fed and the ECB can control long-term rates and the price of credit. Brown argues that this ultimately false idea drives how investors see the market and that by understanding these facts can allow one to better navigate the market. You can see it all on the link below: