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Post by Deleted on Feb 9, 2018 9:45:33 GMT -5
Wrong thread, Vince524 ? Or are you saying the groping caused the stock market crash? Another conspiracy theory that's way better than Sean Hannity's or Alex Jones's.
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Post by robeiae on Feb 9, 2018 10:48:07 GMT -5
All I want is for the Fed to put the interest rate back up to a reasonable level, so it becomes possible to actually save money without losing money. Imo, we've screwed ourselves over--perhaps irrevocably--by letting the Fed drop interest rates constantly as a means of "creating" economic growth. It's bullshit and we're addicted to it.
If fixing it means a huge drop in the market, so be it.
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Post by Don on Feb 9, 2018 11:14:38 GMT -5
They can't run interest rates back up to a level that will encourage savings and investment. The debt load, both public and private, is so large that raising rates several points would be a disaster. Not to mention the impact on the over-heated housing market, 6-year auto, RV and boat loans, etc. The Federal Reserve has painted the dollar into a very tiny corner. I don't see any realistic way out in the long run.
ETA: And WE didn't screw ourselves over. Our politicians and the Federal Reserve have screwed us over. How were we supposed to stop the Fed? By voting? For who? Who could we have voted for that's not in love with the Federal Reserve?
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Post by Don on Feb 9, 2018 11:33:18 GMT -5
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Post by Don on Feb 9, 2018 12:16:02 GMT -5
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Post by Vince524 on Feb 9, 2018 12:36:03 GMT -5
Wrong thread, Vince524 ? Or are you saying the groping caused the stock market crash? Wrong thread, Vince524 ? Or are you saying the groping caused the stock market crash? Another conspiracy theory that's way better than Sean Hannity's or Alex Jones's. I was just testing you guys.
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