The Fed Is Trying To Sabotage The Economy

[mudwhistle]

The fed chairman refuses to lower interest rates because he's working with the establishment.

He knows that lowering interest rates would be like applying jet fuel to an already strong economy.

When inflation is going down and wages are going up....the best thing to do is lower interest rates to help the job market.

Of course....that's not what the fed chair wants.

US home construction fell sharply in May thanks to the fed's refusal to lower interest rates.

Homebuilding Slumps in May as Fed Interest Rate Policy Weighs on Construction

Housing starts declined 9.8 percent in May to the slowest pace since the pandemic-striken June 2020. | Economy

www.breitbart.com

 

[Natural Citizen]

Actually, it just encourages malinvestment. And then you end up taking on more debt. And the money printing machine keeps on rolling.

By artificially lowering interest rates, or the cost of credit, all you're really doing is allowing the Fed to intervene in free markets.

You could go into the consequences of artificially lowered interest rates rather deeply, but it's been done about a guh zillion times on here already.

 

[1srelluc]

I guess that's why I'm not having any trouble at all with my home improvements. So far everyone has been on time and has delivered as promised.....They are glad for the work.

 

[mudwhistle]

Actually, it just encourages malinvestment. And then you end up taking on more debt. And the money printing machine keeps on rolling.

By artificially lowering interest rates, or the cost of credit, all you're really doing is allowing the Fed to intervene in free markets.

You could go into the consequences of artificially lowered interest rates rather deeply, but it's been done about a guh zillion times on here already.

Yep....lower interest rates is BAD!!

 

[IM2]

The fed chair is not lowering interest rates because he's not a failed businessman who had 6 bankruptcies while blwing his inherited money and knows what he is doing.

 

[Slyhunter]

Actually, it just encourages malinvestment. And then you end up taking on more debt. And the money printing machine keeps on rolling.

By artificially lowering interest rates, or the cost of credit, all you're really doing is allowing the Fed to intervene in free markets.

You could go into the consequences of artificially lowered interest rates rather deeply, but it's been done about a guh zillion times on here already.

The FED is artificially holding interest rates up. Nobody, currently is artificially holding them down. Nobody, is stopping you from charging more than the FED's established rate.

 

[Natural Citizen]

The FED is artificially holding interest rates up. Nobody, currently is artificially holding them down. Nobody, is stopping you from charging more than the FED's established rate.

Take a course on what surmises Free Markets and get back to us.

Because central economic planning by a central bank ain't it...

 

[Slyhunter]

Take a course on what surmises Free Markets and get back to us.

Because central economic planning by a central bank ain't it...

But you don't have a problem with the Fed holding rates up?
They can't hold them down because even if/when they lower it nobody stops the banks from charging more.

"The federal funds rate, often referred to as the "Fed rate," is the interest rate at which U.S. banks lend reserve balances to other banks on an overnight basis."

Banks can charge more if they choose to, not less though.