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It will likely help the economy-he can take credit for

Posted on: December 14, 2016 at 17:28:32 CT

Mo Texan MU

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M.O.B. Votes:

it even though it has been the plan for months. Holding rates so low for too long can actually hurt growth. In recent years, low interest rates have been a cause of slow economic growth, not the cure.

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Interesting the Fed finally starts hiking rates as Obama - MUTGR MU - 12/14 16:17:36

Though at least long term the raise will be beneficial.(nm) - GA Tiger MU - 12/14 18:33:56

thanks, Krugman (nm) - pickle MU

- 12/14 18:52:27

Yeah uh huh. A conspiracy against the Right, Uh huh(nm) - raskolnikov MU - 12/14 17:44:28

RE: Yeah uh huh. A conspiracy against the Right, Uh huh(nm) - MUTGR MU - 12/14 18:16:08

Thanks to BARRY , economy is strong enough to withstand it(nm) - raskolnikov MU - 12/14 18:53:33

And if your economy is so weak it cannot sustain increase - raskolnikov MU - 12/14 18:54:32

and then Trump comes in & the bubble pops. (nm) - JeffB MU

- 12/14 16:40:54

RE: and then Trump comes in & the bubble pops. (nm) - MUTGR MU - 12/14 16:42:38

It will likely help the economy-he can take credit for - Mo Texan MU - 12/14 17:28:32

Good in the long term, but it usually hurts short term. - JeffB MU

- 12/14 17:46:17

RE: Good in the long term, but it usually hurts short term. - jmlppx MU - 12/14 17:55:41

and rates have already been inching up in anticipation. (nm) - JeffB MU

- 12/14 16:48:52

Yep(nm) - jmlppx MU - 12/14 16:31:17