But the trick is, you forget to raise them as much as you should. You always favor rates that are lower than they ought to be. Not a chance. I would be torn apart by the furies in Washington, the media, and Wall Street. Of course, there will be a price to pay for this too.
Nothing comes without a price.
Investors who really believe this New Era nonsense will lose a lot of money. It isn't going to happen. That doesn't mean stocks have to crash. In fact, I think I can keep them at present levels for many years - perhaps like the period between 1966 and 1973. Easy money can perform wonders - for a while.