Home Forums Hunting & Shooting Hunter's Campfire Interest rates - Let's Go Brandon

Been tracking this for a few months now... same site (so no cross reference errors).

Um, it's not a bad thing.

I mean, it is in the context of how they were kept artificially low, but sub 3% interest rates while we have double digit inflation is bullshit.

I'm sorry, I can't hear you over the sound of the money printer going brrrrrr.

If Prez Demento continues, we could be seeing 13% again... Ala "Peanuts Carter"...

The only way to stop this inflation will be drastic cuts in government deficit spending as well as increased interest rates. Interest has been kept artificially low far too long.

Yes .. The spending ain’t going to stop..
The Derby Donkey named Mitch, Poleho, Schmer have their orders ..
Crush the System with Insane Spending..
If you haven’t looked at the direction of the money it’s going to the most bizarre interests..
Take Infrastructure Bill .. Hahaha
Pakistani Trans Studies.. Green Experiments in stupidity that will not produce enough energy for a modern economy..
How about Transportation Secretary Pete Butterbutt 750 million for Highway Cameras meanwhile the Gird is not being upgraded for future Demand little alone the flexibility of Handling both Green and Traditional Energy Sources..
Make ya wonder if their that serious about Green Energy..
It’s a Scam of the Treasure in the end they know a Modern Economy can’t run on Green Energy it’s just not Capable.

Correct...

And since cuts in government deficit spending are NOT POSSIBLE... an increase in interest rates will have no choice but to do all the heavy lifting.



While I do not disagree with that statement... it is water under the bridge and no part of current economics.

MANY low income people have benefited tremendously from low interest rates.

The number of first time home buys (especially minority represented demographics) set all time records under Trump's economic policy. Many of those same people will loose everything in the near future.

With a substantial interest hike what happens to the interest on our $30 TRILLION national debt? Is 5% of $30 trillion 1.5 trillion?

LOL...

Now the lights will start coming on.

Not picking on you Hastings (AT ALL)... it is just mind boggling to me how a 30 Trillion Deficient will hit 100 Trillion and folks will say "What? Huh?"

That $300 stimulus check will cost $2,800 to pay back.

THAT IS WHEN YOU HAVE BE SHANGHAIED... enslaved.

The 1% will own your ass and will demand their pound of flesh. Period... end of sentence.

That is an amazing chart to study.

Obongo tried so hard to kick up inflation (it was the right choice back then for tempered growth)... but failed emotionally.

Trump saw the looming disaster and poured on the coal (and would have made it (in his second term))... basically outrunning the devil... so to speak

Sure miss Big Daddy Trump

Yup, winners and losers with both high and low interest.

Low interest means investments other than bonds and traditional lending look more attractive; the stock market. This helps 401k and other retirement accounts. It is also easier to get out of debt. It means inflation, debtors pay back with inflated money, including the .gov....which also gets to take in more tax revenue. Inflation is often called the invisible tax.

Low interest means those with money can't make as much. It also means inflation, which hurts those living off pensions, SSI, etc. It means your bank account shrinks in purchasing power.

trump might have slowed it a bit.....kick the can down the road but this is going to happen no matter whos in....bob

Hope everyone has the home they want. Super low interest rates are over.

I remember more like 17% under the watch of the 3rd worst president ever.

We can't just blame Dementia Biden on inflation. Trump out-spent any president in history.

Now that’s funny!!
Everybody knows bammy was the deficit king.

Oh, if republicans take the house out senate, rates will go up fast, and the commies will blame the republicans.

DOn't be stupid but I know you can't help it.

You sweet child of spring...

https://www.presidency.ucsb.edu/statistics/data/federal-budget-receipts-and-outlays