They cannot and will not raise rates. They can't tell that they won't but they have ZERO intention of raising them.
They don't worry about inflation because they just change the way it is calculated.
Want proof? Look at Japan and other countries that have gone to negative interest rates and now are even buying corporate debt.
Will it all come crashing down some day? Economics and logic dictate that it must. But who really knows.
But you can bank on this, Yellin will ALWAYS have an excuse not to raise rates. You may not be able to take your money to the bank but you can take that to the bank
FUCK THE POLICE (08-28-2016)
Leon is a troll/simpleton so to him all regulations are good and there are never enough. There's zero nuance and results don't matter.
1%-2% GDP growth is the new normal. We're actually doing better than Europe is, at least...
"Do not think that I came to bring peace... I did not come to bring peace, but a sword." - Matthew 10:34
When in history have tax cuts ever had a positive effect on economic growth? Why do people buy that hook, line, and sinker when there's zero evidence for it? The GOP keeps cutting and cutting everywhere, and they get nothing for it. Just look at Kansas, a wreck. I'll take no tax cuts, thankyou very much. Don't destroy our economy by cutting taxes.
"Do not think that I came to bring peace... I did not come to bring peace, but a sword." - Matthew 10:34
RAISE TAXES!
REREGULATE!
NATIONALIZE THE ENERGY INDUSTRY!
"Do not think that I came to bring peace... I did not come to bring peace, but a sword." - Matthew 10:34
"Do not think that I came to bring peace... I did not come to bring peace, but a sword." - Matthew 10:34
"Do not think that I came to bring peace... I did not come to bring peace, but a sword." - Matthew 10:34
How long after you destroy our economy does it take the free market nutjobs to demand that we repeat all the same mistakes that lead us to destroying it in the first place? Out of control banks are the problem, not the solution!
"Do not think that I came to bring peace... I did not come to bring peace, but a sword." - Matthew 10:34
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