The Pros and Cons of Low interest Rates
We were once a nation of savers. Now, we are a nation of debtors. How did we get there?
We were once a nation of savers. Now, we are a nation of debtors. How did we get there?
How do you make a bad problem worse? Do more of whatever created the problem. Vice President Harris’ plan to give $25,000 “down payment support,” in addition to a $10,000 tax credit, to first time home buyers1 will exacerbate inflated housing prices. The cheap and free money era of the virtual 0% Federal Funds Effective…
The Federal Reserve is adrift in a political swamp. Policy based in politics always has a cost that is not immediately apparent.
Low Interest Rates seem like the panacea, but could they be the problem? The inflationary costs of cheap money and free money have been hidden for too long.
Federal Reserve Presidents’ logic have lasting impact on the economy and our financial resources. Good Fed Presidents of the past are worth remembering.