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MarketWatch/Steve Goldstein/6-2-2020
“‘Aggressive policy means that the U.S. will need to consider negative interest rates and aggressive government spending, such as spending on infrastructure,’ the researchers said.”
USAGOLD note: We’ve said it before. To find a comparable moment in history, you would have to back to FDR’s New Deal in 1933. What it means to the contemporary economy, the dollar and gold remains to be seen.
How to achieve a V-shaped recovery amid the COVID-19 pandemic / St. Louis Federal Reserve / Yi Wen and Brian Reinhold / 5-29-2020