Merle Hazard’s Macro-Policy Barndance

“How Long (Will Interest Rates Stay Low),” a toe-tappin’ country song by Merle Hazard (“moral hazard” meets Merle Haggard, get it?) with Alison Brown on banjo, Tammy Rogers King on fiddle, and Trey Hensley on guitar.

“How long (how long) will interest rates stay low?
That’s the question, the whole world wants to know
How long (how long) will interest rates stay low?
It seems like if they’re going up, they’re going pretty slow.”

More:

“How long will the Fed have to ‘fiddle’ with interest rates?” PBS Newshour

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Short link: http://wp.me/p6sb6-nql

Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.

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