Posted on 11/04/2015 9:50:16 AM PST by SeekAndFind
Weren’t these wizards floating rate increases as little as a month ago?
She has a blog
She agreed to do everything and anything required to artificially prop up the economy until the White House is disinfected and we are rid of "Sparky the Wunder Prez"...
Man oh man...what I would do for a 5-7% certificate of deposit. lol
I remember my grandparents retired and had all sorts of CD’s with varying maturities and amounts.
The “not so” federal reserve and the “so damn” federal gubbamint are between a rock and a hard place. Raise rates...stall the economy and add billions to the debt, keep rates at zero...kill investors, long term growth and practically guarantee negative interest rates during the next “coming” recession.
Geez, I'd rather have Beaver running the country, hell, I'd take Eddie Haskill over this bunch.
The blood transfusion is a good analogy. A quantitative easing scenario is like donating blood to yourself by drawing it out if your right arm and putting into your left arm.
Man oh man...what I would do for a 5-7% certificate of deposit. lol
I remember my grandparents retired and had all sorts of CD’s with varying maturities and amounts.
The “not so” federal reserve and the “so damn” federal gubbamint are between a rock and a hard place. Raise rates...stall the economy and add billions to the debt, keep rates at zero...kill investors, long term growth and practically guarantee negative interest rates during the next “coming” recession.
Geez, I'd rather have Beaver running the country, hell, I'd take Eddie Haskill over this bunch.
I’ve moved all of my money to Charles Schwab. I presume they can’t touch investment money? (Comments?)
Savers are already punished by zero interest rates, now they’ll be punished further by having to pay the bank to keep their money. I don’t know if it’s to force people into the stock market or to force people to spend money, but it’s a crime.
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.
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Safe deposit boxes are less than half that much and you can store a lot more than $10K in one.
It’s what it looks like when their can kicking has finally reached the end of the road. We are in very interesting times.
A quantitative easing scenario is like donating blood to yourself by drawing it out if your right arm and putting into your left arm.
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With a second party sucking up half the blood before it gets to your left arm.
Trump/Cruz 2016
Trump/West 2016
(take your pick)
Why is there a 4 point spread between the 30 year mortgage rate and the Fed rate of 0%? Historically the spread was 2%.
Another analogy.. putting a band-aid on a severe gunshot wound.
What I buy with it is real estate and junk silver...
Well raise your hand if you didn’t see negative rates coming. Anybody drinking the rate hike Kool Aid report to rehab. :-)
Yes, “courage to act” just like Bernanke.
Can’t wait until Yellen’s self-laudatory book comes out ... if there still are books by then.
You have to buy your own insurance.
Protégé of Ben Bernanke ... status quo enshrined.
They have taken it already. I’m waiting to retire so I can get some of it back.
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