Fed Rates- Fixing the Economy for Dems?
Rates went from 5% to .25% Immediately when BHO began his infiltration!
Remained at .25% until Potus was elected, the ZOOM!
also an anon posited that zero or neg rates are bad because they hurt savings… i can see that point, but low rates and zero negative rates likely keep inflation land cpi low. making 10%+ on a cd/savings (ala late 70's) creates inflation due to expanded money supply.
Can any Finance anons give an overview of the benefit of zero interest or even negative interest. The obvious is that our debt service to finance national debt is lower (or even reduces it) and it was set to become the second highest expedenture of Govt after MIL spending. Seems we can expand money supply for infrastructure and to rebuild america to lead world in all tech and industry without increasing our debt service, while principal will go up we never pay down principal anyway so Could zero/negative rates eliminate entirely our interest on the national debt?
I do see a trend that Potus wants zero interest so if Anons are versed on the + and -'s that is good for our informational warfare program
FinanceFags please chime in!!!!