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Are interest rates too high?
Enter Stage Right ^ | July 7, 2025 | Mike Maharrey

Posted on 07/07/2025 6:07:41 PM PDT by Angelino97

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To: Angelino97
Current Central Bank Rates around the world:
Switzerland is 0%
Japan is 0.5%
Denmark is 1.6%
EuroZone is 2.15%
South Korea is 2.5%
Canada is 2.75%
China it is 3%

there is ZERO reason for us to be at nearly 5%!!!

The FED Chairman's TDS is costing We the People trillions of dollars.

41 posted on 07/08/2025 7:53:38 AM PDT by Teacher317
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To: Teacher317

Japan’s deficit situation is as bad as ours... that 0.5%, instead of 5%, is saving them trillions.


42 posted on 07/08/2025 8:33:44 AM PDT by Teacher317
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To: 1Old Pro

And I would be fine with that even as a token but certainly not the 2% or more that the administration wants. Fueling pent up demand just opens the flood gates. Of course, there are brilliant economists who know a lot more than us.

What we really need is what we always need and never get for very long if at all. A steady course for more than a couple of years at a time. Can you imagine what might happen if we ever had that?


43 posted on 07/08/2025 8:44:18 AM PDT by Sequoyah101 (Donald John Trump. First man to be Elected to the Presidency THREE times since FDR.)
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