Paul Kasriel Quotes

The yield curve has been one of the more reliable indicators of turning points, not necessarily recessions, but slowdowns in the economy.

- Paul Kasriel

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Yield | Curve | Reliable | Indicators | Turning |

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The Fed is a price fixer; it fixes the price of short-term credit. If there's an increase in demand for credit, interest rates want to rise. But because the Fed is fixing the price of credit to keep rates from rising, it has to create more reserves or allow banks to create more money, and that's what leads to bubbles. - Paul Kasriel

Oddly enough, corporations are lending to the government sector and to the household sector to finance our spending. That's not really a good mix. What leads to growth for our economy is business investment. - Paul Kasriel

It will put some strain on consumer spending. - Paul Kasriel