Posted on 11/04/2015 9:50:16 AM PST by SeekAndFind
Trump on Yellen yesterday; https://youtu.be/ZSlXkOX6n3s?t=1890
Carl Icahn on Yellen; https://www.youtube.com/watch?v=Mba7SynRtVA&feature=player_detailpage#t=753
B-B-But, an increase in the prime interest rate is “Right around the corner.” Maybe NEXT quarter, or so they have said ever since January 20, 2009. Obama would crash and burn if rates are raised. It won’t happen until a Republican is in the White House.
This is madness
What were Yellen’s qualifications again?
Negative Rates? Is that where they give our money back to us?
Kill the
derivatives.
Her chromosomes match (XX)
I think that's where they charge you interest for the privilege of letting them use your money.
Am I to understand this right, I will not make any money if i put my money in the bank, but, if I have a lot of cash and can get a loan, they will pay me?
This is deliberate.
I’m holding out on refinancing our mortgage until we can get a mortgage with negative interest rates.
Negative rates, meaning, “We steal your money out of your bank accounts.”
If a bank gives you “negative interest”, it should be reported as such on the “1099-INT” form that they send to you. Then the IRS should charge you a “negative tax” on that amount.
Negative rates? How does that help those who put their money in savings accounts and CDs?
The Fed is doing what it can to shore up the economy. But it’s a blood transfusion when we’re hemoraging.
What the economy needs is the restoration of the import tariffs so we quit losing jobs and industries. Or at least balanced trade agreements. We need Trump for the cure.
I guess this means they’ve decided to stop pretending rates will be going up soon?
On the lower graph, wouldn’t the Fed Target Rate blue line shorten by one year if you go back in time year-by-year?
IOW, the Fed has been predicting the same take off in interest rates for 5 or 6 years. Hasn’t happened yet.
No, it’s basically a storage fee for your deposits at the bank. Say you have a $10,000 savings account. They might charge you $10 a month. The goal being to get you to take your money out of the bank and to buy something with it. That would help the Chinese factories.
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