What Causes the Economy to Crash?
Economic crashes begin with artificially low interest rates and credit expansion which lead to a misallocation of resources, inevitably culminating in a recession.
Economic crashes begin with artificially low interest rates and credit expansion which lead to a misallocation of resources, inevitably culminating in a recession.
The long-term risks of quantitative easing, including eroding the credibility of the US dollar, are closely linked to gold's performance.