Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

To: Rusty0604

raising interest rates when there are almost no jobs
is not a good idea

yes, the lack of much employment for American citizens is largely the result of several OTHER Obama policies

we need to get those economically-destructive, job-killing policies fixed first

then let interest rates rise to sustainable levels in the free marketplace

doing the rates right now would not be good timing given the mostly-bleak job situation for so many millions of Americans

first things first. stop killing our jobs... and then free up rates


2 posted on 10/18/2015 9:36:16 PM PDT by faithhopecharity (Brilliant, funny, and incisive Tagline coming to this space soon.....)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: faithhopecharity

And you are correct.


13 posted on 10/18/2015 10:25:14 PM PDT by Sequoyah101 (It feels like we have exchanged our dreams for survival. We just have a few days that don't suck.)
[ Post Reply | Private Reply | To 2 | View Replies ]

To: faithhopecharity
Keeping rates at zero (ZIRP) has resulted in interest hungry seniors and other investors to seek more risky avenues such as junk bonds.

Since there is almost zero money being earned by savers and seniors, there is less money to spend. Velocity of money in circulation is near record low levels. That explains why retail business is suffering along with Walmart.


14 posted on 10/18/2015 10:26:25 PM PDT by entropy12 (When you vote for a candidate, you are actually voting for his/her rich donors!)
[ Post Reply | Private Reply | To 2 | View Replies ]

To: faithhopecharity

It is the debt that will be most affected. He wants to wait until he is about to leave office so he can pass that disaster on to the next administration.


15 posted on 10/18/2015 10:36:32 PM PDT by The Ghost of FReepers Past (Woe unto them that call evil good, and good evil; that put darkness for light..... Isaiah 5:20)
[ Post Reply | Private Reply | To 2 | View Replies ]

To: faithhopecharity

The market should determine


17 posted on 10/18/2015 10:42:34 PM PDT by Rusty0604 (a)
[ Post Reply | Private Reply | To 2 | View Replies ]

To: faithhopecharity
raising interest rates when there are almost no jobs is not a good idea yes, the lack of much employment for American citizens is largely the result of several OTHER Obama policies we need to get those economically-destructive, job-killing policies fixed first then let interest rates rise to sustainable levels in the free marketplace doing the rates right now would not be good timing given the mostly-bleak job situation for so many millions of Americans first things first. stop killing our jobs... and then free up rates

That's like saying we can't operate on the cancer because the cancer was created to prolong the illusion of health.....

22 posted on 10/19/2015 4:43:06 AM PDT by trebb (Where in the the hell has my country gone?)
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson