3 ms·
Massive inflation in stocks and real-state. It's ridiculous. They should have started raising interest rates years ago - we had record low levels of unemploymen
by jariel 6y ago
Massive inflation in stocks and real-state. It's ridiculous. They should have started raising interest rates years ago - we had record low levels of unemployment, what was the Fed doing but protecting the top 10%?
And for failing to make the right moves ... we get hit with COVID.
- deleted 6y ago[deleted]
- BMSmnqXAE4yfe1 6y agoLow interest rates are dictated by market forces, not by "them". Too much money, accumulated by older people, chase too few investments, that young people must pay interest for. There are fewer and fewer young people relative to old people, that's the fundamental problem.
- jariel 6y agoInterest rates are very effectively controlled by the Fed and if they want to raise them, they can, anytime.
- BMSmnqXAE4yfe1 6y agoThe fed rate always closely follows treasury rates, and the latter are set by the markets.