To: central_va
Suppose I'm a business owner and I have a major investment to make in a new factory or upgraded equipment in the next 18-24 months. Under the Obama/Central_VA scenario of perpetual near-zero interest rates, I'm doing this major project two years from now. If I know interest rates are going to be higher in two years, I'm doing this RIGHT NOW.
Which of these is better for the U.S. economy in 2018-19?
79 posted on
12/20/2018 10:13:21 AM PST by
Alberta's Child
("The Russians escaped while we weren't watching them ... like Russians will.")
To: Alberta's Child
Rush is explaining why the Feds are raising interest rates, it’s political. It’s Anti Trump. Tune in.
80 posted on
12/20/2018 10:16:31 AM PST by
central_va
(I won't be reconstructed and I do not give a damn)
To: Alberta's Child
22,931.62 -392.04 (1.68%)
Yippee! Near retirement and with a balanced 401K, I am still getting wiped out and gains for the last couple of years destroyed.
The FED is a monster, they could have moved slower by taking into consideration the world economic slowdown. If they did absolutely nothing for eight years during the Obama administration, they could have spaced out the rate increases and easing to make sure the economy was on firmer ground both here and abroad before hurting millions of Americans.
86 posted on
12/20/2018 10:24:17 AM PST by
BushCountry
(thinks he needs a gal whose name doesn't end in ".jpg")
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