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To: SoFloFreeper

This is about the Fed interest rise...Trump said it should not have been raised again.


30 posted on 10/10/2018 2:01:34 PM PDT by Sacajaweau
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To: Sacajaweau

I disagree. Interest rates are still way below previous 60 year average after the Fed increase. Keeping interest rates artificially low causes serious inflation of hard assets, causing a harder landing later on.

The artificially low interest rates is why the stocks remained strong during the weak Obama economy. While the housing market still remains overvalued.

Fed’s main job should be to defend the US currency, not try to manipulate the economy. That job belongs to politicians.


37 posted on 10/10/2018 2:19:52 PM PDT by entropy12 (One million LEGAL immigrants/year is too many, without vetting for skills, Wealth or English skills.)
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