Kyle Bass says US interest rates will follow the rest of the world to zero — ‘This is insane’

Paying people to take your money is insane. And we’re all just watching it happen.

(From CNBC)

“The unintended consequences of central bank printing are that it makes the rich even richer, it makes the middle class stay where they are and it makes the poor stay poor,” Bass said.

Central banks are implementing easier monetary policies around the globe while China and the U.S. are engaged in a trade war.

Reprinted from: https://www.ac2news.com/2019/08/kyle-bass-says-us-interest-rates-will-follow-the-rest-of-the-world-to-zero-this-is-insane/