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armstrongeconomics.com / by Martin Armstrong /
The prospect of the Federal Reserve remaining on track to raise interest rates later this year is still settling in, yet people fail to grasp that raising rates will be bullish and it will confirm the capital flows are moving into the USA. We have a serious divergence between the USA and Europe. Not only is the USA the best situated from the problem of the greying of society, but the lower taxes in the USA remains key, as well as the fact that FATCA does not apply in reverse. Foreign citizens can come to the USA and open bank accounts without a problem; Americans cannot leave the country with the same privilege.
The post Why the Fed Will Have to Raise Interest Rates appeared first on Silver For The People.