To: Innovative
It would be better news if they had simply left interest rates alone in the autumn of last year. But they had a mid term election they just had to influence.
3 posted on
07/31/2019 12:30:16 PM PDT by
Vigilanteman
(The politicized state destroys aspects of civil society, human kindness and private charity.)
To: Vigilanteman
It would be better news if they had simply left interest rates alone in the autumn of last year.
...
You’re right. But the best method would be to let the market set the rate.
The rate is still above what the market would charge after today’s cut.
7 posted on
07/31/2019 12:52:59 PM PDT by
Moonman62
(Charity comes from wealth.)
To: Vigilanteman
Exactly correct. It is the only reason to lower them now.
33 posted on
07/31/2019 1:46:11 PM PDT by
Sequoyah101
(We are governed by the consent of the governed and we are fools for allowing it.)
To: Vigilanteman
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