Apparently the economy is strong.
It’s kinda funny, but I was passing the guy on the freeway offramp this morning who had the “no job, please help” sign and I consciously thought: “Obama’s not president any more. The economy is booming, get a friggin’ job.”
...higher inflation expectations.
A lot of the federal debt can be “paid down” simply by monetizing it. Looks like that’s what we’re in for. Get your bills paid and acquire “stuff” while it’s still cheap.
Thanks for posting.
AUDIT the FED. (Notice the conman’s years)
https://tradingeconomics.com/united-states/interest-rate
They’ve been saying they would do this for the last four years, when the economy gets to where it is today.
No surprise
Political. No inflation. They want to kill the economy.
This is purely political.
They weren’t going to stay at zero forever.
In the chart in link #4...cick on the 10 year tab at the bottom of the chart.
The BS logic is that “the economy is overheating and the FED has to tap the breaks on it”. Since when do we need any breaks tapped on the economy?
Is anybody buying that? The fed is optimizing its return on the FRN’s that they loan into circulation.
The FED is trying to bring in a recession right before the midterms.
Well there could be two take aways from this:
1) The economy is so hot they had no choice
2) The Fed is determined to kill this recovery in its infancy as part of its allegiance to the Deep State.
Hmmm, I guess pretty soon the media will have to credit Trump /s
And how many times did the Fed raise rates under Obama? Oh ya. Zero.
A monkey can grow an economy even an eintsy tinsy bit but having zero rates.