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To: Bishop_Malachi
You don’t need ultra-cheap money during a period of strong economic growth.

The inflation rate is about 1.5% while the prime interest rate is about 5.5%. How is that "ultra-cheap money"?

16 posted on 07/22/2019 11:29:51 AM PDT by FreeReign
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To: FreeReign

The Federal Funds Rate, which is the rate that impacts the rate of all other loans is 2.5% it was near zero for decade. I’m not saying that interest rates need to go higher, but we don’t need any more easing when the economy is strong.


18 posted on 07/22/2019 1:39:27 PM PDT by Bishop_Malachi (Liberal Socialism - A philosophy which advocates spreading a low standard of living equally.)
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