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Started By
Message
1
Posted on 1/16/26 at 9:31 am to Timeoday
quote:
I appreciate your willingness to disagree.
Nice not to be called a commie.
Posted on 1/16/26 at 1:05 pm to SDVTiger
quote:You have never been rught about anything in your life although you go to great lengths to impress complete strangers on this board.
im rught like always
In your demented world 8% = 9% and "transitory" doesn't mean "not permanent." Neither of those is rught!
Posted on 1/16/26 at 1:10 pm to LSURussian
Im always right and its why you get so triggered
Do you understand what lender paid comp.vs par rate means
Lets see you answer that. If you can then you will have to admit rates were 9%
I win like always
Do you understand what lender paid comp.vs par rate means
Lets see you answer that. If you can then you will have to admit rates were 9%
I win like always
Posted on 1/16/26 at 3:28 pm to Jesterea
quote:
…is wrong. The strongest central banks in the world all maintain independence from the government. The terrible ones are directly controlled. If you can find an example at odds with this description, then I’d welcome it.
If the Fed chair could be fired and hired on a president’s whims, our interest rates would simply go to whatever is most politically popular. You would get whiplash from the rate at which interest rates change. Economically it would be a disaster because the person who caused it could be out of office before the negatives really hit.
1) We don't have a government in which the people get to decide what the government does unless it's too important or tricky for them. If it is indeed so important that the people get no say in interest rates, then write that into the constitution.
2) We have one of those "strong central banks" and the dollar has done nothing but decline in value--nearly 100% since 1913. Nor did the Fed prevent the great depression or many other financial crashes since then. They "fixed" 2008 and 2020 with money policies that are making the dollar increasingly worthless.
3) Even if I am wrong about 2), see 1); if the Fed is so great then it should be no problem to amend the constitution to add it as a 4th branch of government.
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