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Your graph shows declining interest rates as well? You're not posting very much evidence that the Fed often raises interest rates. Your graph clearly shows th
by dragontamer 3y ago
Your graph shows declining interest rates as well?
You're not posting very much evidence that the Fed often raises interest rates.
Your graph clearly shows the 15%, 17%+ federal funds rate of the 1970s, and the 5% we're at today, and the 0% we spent the last decade at. The error is clearly that we've overcorrected and dropped rates too low.
- varispeed 3y agoMore like it acts like a Pavlov's dog.
- dragontamer 3y agoI'm well aware of what psychological conditioning is. But the data you posted does not support your claim.