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To: Alberta's Child
You do realize that inflation in the 1970's averaged around 8%/yr?

This is joke. Ask anyone who builds houses if they want interest rate to go up. Ask anyone buying a house if they want interest rates to go up. Ask anyone starting a small business in need of a loan if the want interest rates to go up. Ask any investing in new infrastructure/machinery if they want interest rates to go up.

But those are Main Street concerns ans not a worry of the "investor" class.

72 posted on 12/27/2018 5:16:48 PM PST by central_va (I won't be reconstructed and I do not give a damn)
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To: central_va
This is joke. Ask anyone who builds houses if they want interest rate to go up. Ask anyone buying a house if they want interest rates to go up. Ask anyone starting a small business in need of a loan if the want interest rates to go up. Ask any investing in new infrastructure/machinery if they want interest rates to go up.

Since when do borrowers get to dictate all the terms of their transactions?

Ask anyone who builds houses if they want to buy lumber for $0.
Ask anyone buying a house if they want to pay $0 for the house.
Ask anyone starting a small business in need of a loan if the want interest rates to be 0%.
Ask any investing in new infrastructure/machinery if they want to pay $0 for their infrastructure/machinery.

You realize you're going to get a "YES" to every question here, don't you?

How much are YOU lending to homeowners, home builders, and business owners at a rate of 3%?

94 posted on 12/28/2018 5:25:01 AM PST by Alberta's Child ("I'm a cool dude in a loose mood! Hey -- two ginger ales for my girls!")
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