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.
Remember the 1980s and the Super-Saver CDs? Some places were paying 18-19% interest.