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To: Alberta's Child
You might see GDP go through the roof in the first scenario,

LOL! What utter ridiculous BS. A 25% Fed fund rate would slow GDP to a crawl, actually it would be shrinking a great deal. Great Depression II. You know that. You really are a brainwashed ideologue unbounded by reality.

130 posted on 12/28/2018 10:54:34 AM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: central_va
You are just making sh!t up without any basis in reality.

Go back to Post #71 and do more research on the numbers posted there. The U.S. saw GDP growth in the late 1970s and very early 1980s even when the FED rates were much higher than they are today. Not only that -- but the GDP growth rates were higher with FED rates above 5% than they've been for the last ten years when the FED rates were below 2%.

I'm not even an economist and I can understand this.

131 posted on 12/28/2018 11:38:07 AM PST by Alberta's Child ("I'm a cool dude in a loose mood! Hey -- two ginger ales for my girls!")
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