Has she lost her mind? Higher interest rates would be good for the country, Treasury Secretary Yellen says

are you like retarded or something?

They are starting to admit inflation is going to be an issue.

Best part of inflation is borrowing money today at low rates and paying it back tomorrow with money that is worth less than the money you borrowed

yes sir, seems op said democrat in charge so bad.

low interest rates cause more inflation though.
the problem is weaning the financial fraudsters off the cheap loans.

Seems like if they try to raise interest rates the stocks drop every time.

U.s debt 28 trillion dollars?

Historically interest rates run around 4 to 5%.

And that's healthy. It keeps inflation low, rewards saving, and limits frivolous borrowing.

Why the Fed has no choice but to keep cutting interest rates – if it wants to avoid a financial crisis

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Is the Pentagon 3fiddy army still hiring?

Every couple years, they have to hammer the markets down cuz they don’t want plebs to get rich. Powell did it back when he first started. Then covid. 2022 marks 2 years.

educate this dummy

The Fed interest rate is at 0.25%
How much lower can you go?

do it raise em high dont be pussy

Can't pay all of its own debt obligations and the market tanks if it raises the interest rates.

It has painted itself into a corner it can't get out of. Can't lower them any further and can't raise them either.

If it could raise the interest rates it would have done it long long ago. They are practically zero right now.

I'll call her bluff!

The interest rates should have never gotten below 4%. When they did, it inflated everything to what we have today. The next biggest bust is upon us...

Raising rates to 3% would indeed make inflation temporary.

People who think rates should go up are either ignorant of the consequences of have an agenda.

Interest payments on the debt with higher rates is completely unsustainable.

I don't care either way, just saying

Everyone who said that the housing market will continue as it has been going...

A 2% jump in mortgage rates will bring this house inflation to a screeching halt.

Like late 70 80s? 15 percent?

She’s not wrong. Interest rates have been too low for over a decade.

This

Higher interest rates would be great for those of us with no debt and cash savings.

Bring it on.

She’s not Fed Chair any longer..

So forget the long term...just keep party going and get us to the next election.

Screw Powell.

No wonder she took the job.

11 percent, coming. Its in cycles. you cant remember because most of you dummies where not alive in the 80s and 90s. Smoke screen tax the one percent only over 400K. Inflation affect all of us. Just by a burger anywhere and compare it costed 2 years ago. Welcome to 5 bucks a gallon soon.

Your ignorance is amusing... For several reasons

the feds know they are damned people. they are okay with this fact. they know they won't be seeing heaven. they are okay with this fact. they know they are off to the recycle bin.

so what you get is the aftermath from that thought and decision complex.

shutup and get back to work slave. she knows better than you. just keep paying your taxes, we really really need to keep this machine moving. it's best for everyone

for those with no debt whatsoever and lots of cash laying around.. then yes.

Interest rates have been artificially kept low for years now

Your ignorance is amusing... For several reasons