Search Results
7/11/2025, 11:30:50 PM
>>510124551
>Wow, that look like keeping rates near zero to me. Just look at the drop starting March 15th 2022 to Jul 29th 2023. Rates were dropping like a rock.
Anon, I need you to go use the magic google machine and go alll the way back to 2021 and find out who became President at the beginning of it
Inflation, which had started up with the 2020 recovery, took off like a rocket after the "American Rescue Plan" dropped a trillion bucks of spending into an already overheated economy. Powell kept rates at 0 for an entire year as inflation ripped past the 2% target, then 2.5%, then 3%, then 3.5%, finally starting his first hike in 03-2022, exactly a year too late.
Now, inflation is well below where he was cutting in 2019, but he's holding rates. The Treasury's being forced to refi Yellen's debt bomb at 2-4X the rate the debt was isued at.
>Wow, that look like keeping rates near zero to me. Just look at the drop starting March 15th 2022 to Jul 29th 2023. Rates were dropping like a rock.
Anon, I need you to go use the magic google machine and go alll the way back to 2021 and find out who became President at the beginning of it
Inflation, which had started up with the 2020 recovery, took off like a rocket after the "American Rescue Plan" dropped a trillion bucks of spending into an already overheated economy. Powell kept rates at 0 for an entire year as inflation ripped past the 2% target, then 2.5%, then 3%, then 3.5%, finally starting his first hike in 03-2022, exactly a year too late.
Now, inflation is well below where he was cutting in 2019, but he's holding rates. The Treasury's being forced to refi Yellen's debt bomb at 2-4X the rate the debt was isued at.
Page 1