![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjZDKV97FE-GUnTbs1Z_SJeyo40gk7GsEV6iS2i4QqU6rDAZhwixDu-KRMhnILGIdEu-X1K6Pk_RHlo4t6rnEsHWieW0WiY_0pP4Qjo0My_aO1KuXE8ds28RvByPlDBb2QeUIz4bm1cR-4/s320/Department+Stores+vs+Fed+Funds.jpg)
Click to enlarge.
On the off chance we were to enter a recession while still in ZIRP, then what exactly would we expect the Fed to do?
Oh, wait. I forgot that it is common knowledge that the Fed has permanently put a stop to recessions. Never mind. Silly question.
Source Data:
St. Louis Fed: Custom Chart
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Posted by: Tukiyooo
3rd Time's the Curse Updated at :
11:41 AM
Monday, October 28, 2013
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