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To: DakotaGator

Look at what the government (or Fed) does, not what they say.

The Fed promised to start raising interest rates when unemployment fell below 7%. Which happened a while ago.

So the Fed knows the unemployment numbers are bogus and that at best the “recovery” is shallow and soft. And that if they do start raising rates they’ll send the economy spiraling back into an official recession.

In fact, not to long ago I think the Fed said (or at least floated a trial balloon) something about just keeping rates low permanently.


7 posted on 03/13/2015 11:43:43 AM PDT by tanknetter
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To: tanknetter

Good insight!


13 posted on 03/13/2015 6:56:10 PM PDT by DakotaGator (Weep for the lost Republic! And keep your powder dry!!)
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