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Economics Discuss Yellen says she expects Fed to raise rates by year's end at the Political Forums; Originally Posted by Mikeyy You couldn't think of one either I see. No I am not going to play along ... |
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![]() No I am not going to play along with the attempt to derail the thread. If you want to discuss the false accusation that Republics have done nothing for the middle class, start a thread on the subject.
![]() Care to comment on the timing of the Fed's decision not to raise interest rates even though it is long overdue? |
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great. i hope its double digits (gradually) so savings accounts are worth something again.
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![]() masked, social, it is TIME for each individual to have a space heater |
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![]() till the Reagan revolution... ![]()
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![]() masked, social, it is TIME for each individual to have a space heater |
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![]() masked, social, it is TIME for each individual to have a space heater |
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![]() We must remember that the reduction in the prime interest rate by the Federal Reserve was for the benefit of the banking industry but it harmed the US economy overall.
Many people, especially retirees, had their assets in Treasury securities because they're a very safe investment that provides a return. With the slashing of the prime rate their retirement income from T-bills all but disappeared. My parents had hundreds of thousands of dollars in T-Bills and their retirement income literally dried up because the Fed cut the interest rates. Hundreds of billions of dollars in spending, that supported millions of jobs, was instantly wiped out by the Fed because it artificially reduced the prime interest rate but the wealthy bankers benefited. Always remember that the Federal Reserves primary interest is the Banking Industry and not the American People or even the US economy. Their ideology is "What's best for the bankers is best for America" even when it financially hurts the American people.
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"I always had a rule, if a restaurant is dirty on the outside, it's dirty on the inside." Donald Trump "I always had a rule, if the White House is dirty on the inside, it's dirty on the outside." ShivaTD Based upon the corruption, brutality, inhumanity, immorality, dishonesty, and incompetence of the Trump administration the White House is the dirtiest house in America and there's no known cleanser that with remove the stains of the Trump Administration. |
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While under-capitalization is often cited as the reason behind the failure of new enterprises that doesn't refer to the "cost of money" (i.e. interest rate) but instead that the owner didn't secure enough capital (money) to fund the start-up to begin with. This is generally reflective of the owner not having or not creating a viable business plan that identifies the capital costs of the start-up.
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"I always had a rule, if a restaurant is dirty on the outside, it's dirty on the inside." Donald Trump "I always had a rule, if the White House is dirty on the inside, it's dirty on the outside." ShivaTD Based upon the corruption, brutality, inhumanity, immorality, dishonesty, and incompetence of the Trump administration the White House is the dirtiest house in America and there's no known cleanser that with remove the stains of the Trump Administration. |
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end, expects, fed, raise, rates, says, she, year, yellen |
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