[dhs12345]

No coincidence that a Trump will be president in a few weeks. /sarc

Wonder if they were holding rates low to make Obama look good?

[kaehurowing]

When you have the printing presses running at full speed for 8 years, you don’t want interest running on all that debt you’re running up—until you lose the election and you want to screw the next guy coming in.

[cowboyusa]

Route it out, Route and Branch!

[Mr. Douglas]

Wonder if they were holding rates low to make Obama look good?

---

For me, it was a foregone conclusion. But beyond that, it could have put us under so far that we’d pine for the days of the Great Depression.

And I think the effect will be the same now. We are a credit based society. The only thing that prevented Great Depression II was QE. And all that did was postpone it. We could finally see the end of the kicking the can down the road. If so, this is extremely relevant:
https://www.youtube.com/watch?v=VJEZh9PKr8s

[BJ1]

>>>No coincidence that a Trump will be president in a few weeks. /sarc

Wonder if they were holding rates low to make Obama look good?<<<

They were holding down rates 1) Because they could. 2) Because they doubled the debt and need to keep interests rates low.

If rates rise and the interests doubles, then what? Oh the left will try to paint Trump as being a bad president.

From an article in January of 2015: The interest payments alone are expected to hit $227 billion this year, more than double to $480 billion by 2019 and more than triple to $722 billion by 2024.

I believe this article is doing nothing more than forecasting a return to more historical interest rates along with increases in the debt. The interest will more than double in 4 years. But we can’t cut any programs to the left despite the fact that spending is unsustainable.

[tired&retired]

“Wonder if they were holding rates low to make Obama look good? “

This was kind of like keeping the choke wide open to keep an engine running as your fuel is garbage. Now we have some good fuel and it’s time to shut the choke a bit so the engine does not rev to wide open throttle.

[Starboard]

Wonder if they were holding rates low to make Obama look good?

****************

Of course they were. Pretty obvious.

Now, all of a sudden, they’re talking about three rate hikes in 2917 despite nearly 100 million people dropping out of the workforce.

The Fed is highly political. It’s an enabling mechanism of the DC Cabal. I hope Trump finds a way to dump her.

[Crucial]

I also wonder if they’re hiking rates to make Trump happy.