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So why did so many people

Posted on: September 20, 2024 at 14:57:20 CT

meatiger MU

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M.O.B. Votes:

say the interest rates were "too high" and now they are saying they are "too low"?

I get it when they were setting the rates at zero, but many blamed the fed for going to high and making the housing market die. Did this just 0.50% now go too far?

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MESSAGE THREAD

BOA predicting 75 basis point cut next quarter - tman MU - 9/20 14:29:54

Wow, that would be drastic. Could be political, though. (nm) - JeffB MU

- 9/20 14:30:41

It will be Trump's turn to be blamed for "inflation" caused - ummmm MU - 9/20 14:33:32

Is a lower interest rate - meatiger MU - 9/20 14:38:20

Yes, that's how they artificially suppress interest rates. - ummmm MU - 9/20 14:54:18

So why did so many people - meatiger MU - 9/20 14:57:20

Neither the Fed nor any other government entity should be - JeffB MU

- 9/20 15:05:51

agree - meatiger MU - 9/20 15:10:45

Which comments of mine did you find 'quite funny'? (nm) - JeffB MU

- 9/20 15:18:17

I don't know. I think everyone has a different opinion - ummmm MU - 9/20 15:02:36

Agreed - meatiger MU - 9/20 15:09:47

Yes. They lower interest rates by buying US treasuries. - JeffB MU

- 9/20 14:48:05

It might be enough to delay the collapse/pop of the bubble.(nm) - JeffB MU

- 9/20 14:35:07

I'm not so sure - AWOLTiger KC - 9/20 14:54:15

Yes, at some point it all collapses. I think the analogy of - JeffB MU

- 9/20 15:08:37