2 ms·

That's how high (or "realistic") interest rates feels like. Another way to think about it is that the low interest rate environment was a sort of bonus, not a b

That's how high (or "realistic") interest rates feels like. Another way to think about it is that the low interest rate environment was a sort of bonus, not a base pay raise - for those who were correctly positioned to take advantage of it.

Aloisius 3y ago
Goodbye? The federal funds rate is at a 23 year high. And the Fed lowers interest rates when unemployment rises.
- glimshe 3y ago
  That's what I was trying to say, but did so in a confusing way. Fixed, thank you.