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To: lowbridge

“when the Federal Reserve raises interest rates, it means the economy is doing well.”

If that was the case why didn’t the Fed raise rates during the years of the booming Trump economy?


2 posted on 01/29/2022 1:03:40 PM PST by Renfrew
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To: Renfrew
If that was the case why didn’t the Fed raise rates during the years of the booming Trump economy?

If you remember, they did. They did it then to damage Trump. Now they are not raising interest rates to protect biden. The time to raise rates was back in January when housing prices were overheating and energy was still cheep. Eventually they will have to raise rates. And when they do, it will crush the economy. The longer they kick the can down the road, the more painful it will be. There's no avoiding it now, the fed has totally failed. But that always happens when they go political or woke.
5 posted on 01/29/2022 1:10:14 PM PST by JoSixChip (2020: The year of unreported truths; 2021: My main take away from this year? Trust no one.)
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