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Shouldn't the Fed be raising interest rates to encourage saving and lending (and prudent borrowing)?

Update:

@MD - Hiking the prime one point is hardly "hyper inflation."

3 Answers

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  • 2 weeks ago

    The highest interest rates were in the 80's & could be as high as 18% on a mortgage ..

    No one can afford a home now . the feds and banker buddies already play the off gold standard & nothing matters anymore . . the system of banks using depositors 

    funds to make loans no longer is progressive or structurally sound . the feds own the banks . or people with money own the banks and set the rules of advantage . 

  • 2 weeks ago

    Can't do that.  If the Fed did that then government borrowing would become more expensive.  Near zero interest rates are here permanently.  

  • 2 weeks ago

    Oh so you want hyper inflation 

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