Experts Federal Reserve System United States of America America saw risks of the beginning to United States of America the period of fiscal domination

The regulator will start redeeming directly a new national debt on a zero rate Prospect of transition of the monetary authorities of United States of America to fiscal domination – system in which the risk of inability of the government to fulfill the obligations becomes more significant, than inflation dispersal, – stopped being the far-fetched. Experts came to such conclusions Federal Reserve System United States of America America in the article "Fiscal Domination and Return to Zero Rates on Bank Reserves". "Purely arithmetically tendencies of growth public debts and deficiency budgets United States of America are that that finally will lead to shockingly high ratio national debts and...