Unintended Consequences of QE and Low Interest Rates

I couldn’t help but notice today’s note from the EIA that if you exclude the 2008 spike in oil prices (to be fair, seemingly a unique anomaly and unsustained) Americans are paying the highest portion of paychecks toward gasoline prices in the past 3 decades. 30 years. This chart tells the story, but consider the [...] View the full post at: Unintended Consequences of QE and Low Interest Rates Related posts: Unintended Consequences of Swine Flu Panic Fed Still a Long Way Off Raising Interest Rates The Bank of England Likely To Keep Interest Rates Unchanged