Yellen Doesn’t Rule Out Negative Rates in Letter to Congressman
(Bloomberg) -- Federal Reserve Chair Janet Yellen didn’t rule out using negative rates in a future crisis but emphasized that they would be adopted as a last resort.
Now why would another of Obama's bitches be saying that this roaring economic recovery would need a last resort? Was Obama "LYING" that the economy isn't doing as well as all the lickspittle lapdog liberal media says it is?
If the interest rates do go negative, that means anyone who has a bank account will pay the government to protect their money. In other words you can bet the liberals will steal more of your money, to create more in poverty. When everyone is poor and miserable, then everyone is equal, that is called "FAIRNESS".
So, me boy, I am of the same firm belief that most thinking people are. If you lie to me, I will never believe you again. But you lie all the time, like the above:
"If the interest rates do go negative, that means anyone who has a bank account will pay the government to protect their money." So, where did you get this bit of drivel, me boy. It is an outright lie, UNLESS you are simply the stupidest person ever to post anything. Perhaps, dipshit, you would like to suggest when at any time in the history of the world interest rates have gone negative in the US. Jesus, not sure whether it is you who is the stupidest, or the people who believe shit like you spew.
Perhaps if you would simply pull your head out of you ass, buttwipe.
Perhaps, dipshit, you would like to suggest when at any time in the history of the world interest rates have gone negative in the US. Jesus, not sure whether it is you who is the stupidest, or the people who believe shit like you spew.
Perhaps if you would simply pull your head out of you ass, buttwipe.
Now you have gone and hurt my feelings, and I thought all liberals were FOR THE PEOPLE.
I also notice how you are trying to put me on the defensive by putting words in my mouth that I never said,( you ******* moron). I said before that if Obama's economic recovery(that has been going on for 7 and 1/ years now) why would Janet Yellow even think about going
NEGATIVE on interest rates, other than to steal more money from US. You just cant stand it when TRUTH is presented so, must go ranting and raving like a liberal lunatic(I know redundant statement) trying to justify Der Fuhrer's failed socialist policies, Hope and Change, Lowering the oceans and healing the planet, the redistribution of wealth, and you will save $2,500 on health insurance. It is okay, boo boo, I understand, I know how you liberal think(barely use that brain don't ya) , but make sure you vote for the vagina or the bern, for then you can have 4 more years of the same old shit. Except it isn't going to happen and the MAJORITY of the intelligent people are sick and tired of liberalism. So bend over take that pimple above your shoulders and ram it deep into URANUS, and see the universe.
Let me try to educate you. Though to this point, it looks like it has been a waste of time. Cause you have obviously learned nothing.
1. Interest rate manipulations are always some minor help during a recession. But the Great Republican Recession of 2008 was MAJOR. As in nearly a depression. And what was left needed a lot of help. But was hurt by congressmen (read republicans) refusing to allow enough of a stimulus to do the job of coming back in reasonable time.
2. And, the recession was a true Aggregate Demand Recession. Look it up. Now, you had two options. You could mess with interest rates, but in that type of recession, you get what is well known as pushing on a string. Not much help. And repubs voted multiple times to stop stimulus efforts. Every opportunity they had. So, we got what we got during the great depression from a repub government. Except there was no help from the republican side for more stimulus.
3. So, you as a con tool think that interest rates would help, but that did nothing. Go look up liquidity trap.
4. The other option was what republicans wanted. That would be MORE TAX DECREASES, Which were a major part of the Stimulus of 2008. And the part which did almost nothing. Just like in the Reagan recession of 1981 and 82. Which was no surprise to economists.
So, we got what repubs wanted. Which was a very slow and anemic recovery. Which, me boy, is really what intelligent people are sick and tired over. And please, dipshit, can the highly childish language. You are completely unimpressive.
So, I tried to help you. And I am absolutely certain that you will learn what you obviously have in the past, which would be NOTHING.
So, inform me, dipshit. Does it hurt to be that stupid??