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With Money Rates Down, ‘Something’ Is Up

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With Money Rates Down, ‘Something’ Is Up
Twenty-dollar bills are counted in North Andover, Mass., in a file photo dated June 15, 2018. Elise Amendola/AP Photo
Jeffrey Snider
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Commentary

We have all been taught to associate low money rates with stimulus, and especially high money rates with trouble. And that can be true under certain circumstances. This theoretical world of easy interpretation doesn’t exist outside of the media or central bank econometric models.

Jeffrey Snider
Jeffrey Snider
Author
Jeff Snider is Chief Strategist for Atlas Financial and co-host of the popular Eurodollar University podcast. Jeff is one of the foremost experts on the global monetary system, specifically the Eurodollar reserve currency system and its grossly misunderstood intricacies and inner workings, in particular repo/securities lending markets.
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