Next Stop on the Road to Perdition…Zero Lower Bound
[{"id": "d0cdhi6", "text": "I hope Yellen doesn't get on that train wreck. The fact of the matter is that technological change is affecting the economy in ways that are not yet fully understood or realized. ", "replies": [{"id": "d0cltho", "text": "I certainly hope so as well.  However, considering that the Fed has been actively modeling negative interest rates since 2010, I think we're much closer to it than ever before.  Nonetheless, recent upticks in CPI data could cool that temperament and push out its implementation. ", "replies": [], "depth": 2}], "depth": 1}]