#venezuela is not exempt from this, incidentally regarding the increase in rates for demand deposits, savings accounts, and term deposits, as indicated by the #BCV
For the case of the US, it’s the same: an increase of 25 basis points in rates is like doing it for ants in a world of humans with giant deficits and accumulated debt, with bond yields rising. The depth of fiscal dominance is enormous.
For the case of the US, it’s the same: an increase of 25 basis points in rates is like doing it for ants in a world of humans with giant deficits and accumulated debt, with bond yields rising. The depth of fiscal dominance is enormous.
