raising interest rates when there are almost no jobs
is not a good idea
yes, the lack of much employment for American citizens is largely the result of several OTHER Obama policies
we need to get those economically-destructive, job-killing policies fixed first
then let interest rates rise to sustainable levels in the free marketplace
doing the rates right now would not be good timing given the mostly-bleak job situation for so many millions of Americans
first things first. stop killing our jobs... and then free up rates
Pardon me, but with umpteen trillion of debt, how can you raise the interest on that debt?
Obama has $9 trillion in debt all accrued all for himself out of $19 Trillion. Yeah Yellen is protecting Obama by keeping the interest rate low.
Oil prices crushed by more junk investment loans are the new QE, but look out for declining production to meet increasing consumption!
Glad to see Trump calling them on it.
On the rate, go ahead! Raise the rate!
:-D
[After some initial euphoria, that would be game over for the debt regime. It’s too late, baby. Shouldn’t have gone to so much borrowing and spending to begin with.]
ping
As for Yellen, she, like most political/regulator folks, might be more of a fan of Hillary.
Interest on the National debt, brought to by the “Federal” reserve—which is not a Federal agency and has nothing in reserve except for printing money: $402,435,356,075.49.
http://treasurydirect.gov/govt/reports/ir/ir_expense.htm
Thanks to his Obozoness, we have doubled our debt during his regime. Remember when he said increasing the debt is” unpatriotic?” What crap. You shall know them by their works and this feckless fool has produced nothing but evil. Please correct me if I am wrong
So far, REAL monetary reform is not on the 3x5 card of allowable opinion.
Abolish the Federal Reserve. Americans should have gold and silver coins in their pockets. Fractional-reserve lending should be illegal.
The Fed will raise rates when a Republican is elected.