ZIRP: Big Bang for the Buck

<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgEsk7fo0P61KriNUQwqE-2O7rkT_8KihgrnYF8WZR4_aWWJj0IKTLLDy4XPOPQoQ3MBeov1yIQVcbh4DO85aXFg37owBUlU5aIaUGJsSMm-09S4DiQpvUqwKEAXrlIzewXviUtiiVF7tE/s1600/ZIRP+-+Big+Bang+for+the+Buck.jpg" imageanchor="1"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgEsk7fo0P61KriNUQwqE-2O7rkT_8KihgrnYF8WZR4_aWWJj0IKTLLDy4XPOPQoQ3MBeov1yIQVcbh4DO85aXFg37owBUlU5aIaUGJsSMm-09S4DiQpvUqwKEAXrlIzewXviUtiiVF7tE/s320/ZIRP+-+Big+Bang+for+the+Buck.jpg" /></a><br /><span style="font-size: x-small;">Click to enlarge.</span><br /><br /><a href="http://en.wikipedia.org/wiki/Big_Bang">Big Bang</a><br /><br /><div style="color: red;"><i>Extrapolation of the expansion of the Universe backwards in time using general relativity yields an infinite density and temperature at a finite time in the past. <b>This singularity signals the breakdown of general relativity.</b></i></div><br />In layman's terms, rising interest rate environment my @$$.<br /><br /><b>Source Data:</b><br /><a href="http://research.stlouisfed.org/fred2/graph/?g=rEU">St. Louis Fed: Custom Chart</a>

ZIRP: Big Bang for the Buck

Click to enlarge. Big Bang Extrapolation of the expansion of the Universe backwards in time using general relativity yields an infinite dens...

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