In the short term, a central bank can drive up stock prices by lowering the interest rate. In the longer term, it could sap the strength out of an economy.

In the short term, a central bank can drive up stock prices by lowering the interest rate. In the longer term, it could sap the strength out of an economy. | @ThorstenPolleithttps://t.co/DEIl3Al0Wu

— Mises Institute (@mises) April 13, 2019