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To: mlo
Nonsense is right. If the American economy can't handle a 25 basic point increase in the Fed Funds rate to a WHOPPING 2% we have bigger problems than the FRB. 2% is still below the rate of inflation for goodness sake.

What worries me most is that Trump warned how unwise a increase was. What does President Trump know that the rest of us don't?

I can think of one thing. Well I don't know it, but it is my opinion that the economy went into recession in October and with a FFR of 1.75%. Only time will tell of course, but if you look at the housing market as the indicator...

If that's true look forward to the government digging us into an even bigger hole since we've never managed to climb out of the others they've already dug for us.

69 posted on 12/20/2018 9:56:36 AM PST by Proud_texan (McCarthy was right)
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To: Proud_texan

Look at from Trump’s stand point. Why raising rates at all and risk and slowing of GDP. What’s the up side? GDP is his ace hole card. I am with him and not with you on this that’s for sure.


71 posted on 12/20/2018 10:01:53 AM PST by central_va (I won't be reconstructed and I do not give a damn)
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