Monte1076 Posted November 2, 2022 Share Posted November 2, 2022 The Fed is expected to raise interest rates by three-quarters of a point and then signal it could slow the pace https://www.cnbc.com/2022/11/01/fed-seen-raising-rates-by-three-quarters-of-a-point-may-slow-pace-ahead.html Link to comment Share on other sites More sharing options...
KirtFalcon Posted November 2, 2022 Share Posted November 2, 2022 This is all on Plugs and the dimturds .... and a few RINOs ..... 1 Link to comment Share on other sites More sharing options...
Monte1076 Posted November 2, 2022 Author Share Posted November 2, 2022 1 hour ago, KirtFalcon said: This is all on Plugs and the dimturds .... and a few RINOs ..... So I guess the idea is to make borrowing more expensive, so fewer people borrow money, and therefore demand is decreased, creating a downward price pressure? "Hey, I know! What if we lower prices by making money more expensive? That'll work...right??" Link to comment Share on other sites More sharing options...
KirtFalcon Posted November 2, 2022 Share Posted November 2, 2022 6 minutes ago, Monte1076 said: So I guess the idea is to make borrowing more expensive, so fewer people borrow money, and therefore demand is decreased, creating a downward price pressure? "Hey, I know! What if we lower prices by making money more expensive? That'll work...right??" The more government (congress, the FED, Plugs) interferes with the free market, the worse things get ..... leave it alone and things will clear up a lot faster .... Link to comment Share on other sites More sharing options...
BlahBlah Posted November 2, 2022 Share Posted November 2, 2022 2 hours ago, Monte1076 said: So I guess the idea is to make borrowing more expensive, so fewer people borrow money, and therefore demand is decreased, creating a downward price pressure? "Hey, I know! What if we lower prices by making money more expensive? That'll work...right??" There is too much money in the market right now. Increasing rates will confiscate some of the money that is out there. We Americans committed a big economic blunder. We went into a recession with interest rates near zero %. The big crash is on its way. Link to comment Share on other sites More sharing options...
SloppyJoe Posted November 2, 2022 Share Posted November 2, 2022 Thanks GropinJoe. Link to comment Share on other sites More sharing options...
DannyZuco Posted November 3, 2022 Share Posted November 3, 2022 16 hours ago, BlahBlah said: There is too much money in the market right now. Increasing rates will confiscate some of the money that is out there. We Americans committed a big economic blunder. We went into a recession with interest rates near zero %. The big crash is on its way. And all those people who took that money given too them and went out and spent it.....they are in for a rude awakening, but their problem is that they will continue to ask the government for more money, because they believe they are entitled to it....If they pay taxes, then yes, it's their money, but for the 53% that don't pay income taxes--you should be out of luck. But we know that politicians will cave and provide those handouts again in a major recession. 1 Link to comment Share on other sites More sharing options...
osup116 Posted November 3, 2022 Share Posted November 3, 2022 Build back better Link to comment Share on other sites More sharing options...
EnjoyLife Posted November 3, 2022 Share Posted November 3, 2022 Aren't interest rates now closer to the historical norms than the artificially low interest rates we have had in recent years? 1 Link to comment Share on other sites More sharing options...
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