Less than market?
Who would lend their own money at less than 2% ?
NOBODY.
I used to believe that as well...not now. There are 13 trillion dollars being loaned out around the world at 0 percent or less in different currencies. Its also one reason that the Fed is lowering interest rates here.
Less than market?
Who would lend their own money at less than 2% ?
NOBODY.
...
I didn’t say less than market.
People loan money to the government all the time at 2%.
They would charge less for short term if the Federal Reserve wasn’t manipulating the market.