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LOL These are not normal rates!!!


I was in mortgages for years, these are indeed "normal" rates. When the Fed Funds rate is at ~3-4% that a healthy place for it be. When rates are super low like they've been since 2008, the Fed lacks a critical weapon in fighting recessions. Additionally, the low rates fuels real estate speculation and bubbles and you have what we've seen in the past ~5 years with housing doubling or more and becoming unaffordable for most Americans.

 
I was in mortgages for years, these are indeed "normal" rates. When the Fed Funds rate is at ~3-4% that a healthy place for it be. When rates are super low like they've been since 2008, the Fed lacks a critical weapon in fighting recessions. Additionally, the low rates fuels real estate speculation and bubbles and you have what we've seen in the past ~5 years with housing doubling or more and becoming unaffordable for most Americans.

30 year is up over 7%. That is not normal.
 
44194
 
'When Ukraine's unmanned ******* drone boat configuration first appeared on a rocky Crimean shoal in late September, it was clear that they would become a major threat to contend with. The jet-black, very low-slung, jet-drive propelled almost kayak-like boat sported multiple camera systems, bow-mounted impact detonation sensors, and what appeared to be a satellite communications antenna, and was in a very different class than what we have seen before for this type of weapon.'

 
'He noted during a recent edition of “Tucker Carlson Tonight” there had been a “very big change in Western civilization” as Canada is set to legalize new standards for euthanasia in March 2023, and is set to extend medical assistance in dying (MAiD) to those with mental illness after a temporary exclusion expires.'

'Carlson also commented that Canada’s medical system is comparable to the Nazis. “They were famous for doing this exact thing,” he said, noting that the Nazis also used doctors to murder the weakest in their society.'

 
'He noted during a recent edition of “Tucker Carlson Tonight” there had been a “very big change in Western civilization” as Canada is set to legalize new standards for euthanasia in March 2023, and is set to extend medical assistance in dying (MAiD) to those with mental illness after a temporary exclusion expires.'

'Carlson also commented that Canada’s medical system is comparable to the Nazis. “They were famous for doing this exact thing,” he said, noting that the Nazis also used doctors to murder the weakest in their society.'


I haven't looked into this, but you are aware Tucker Carlson is generally full of shyt.
 
30 year is up over 7%. That is not normal.

It's perfectly normal and healthy. The federal funds rate being near 0% is dangerous. The healthiest the economy has been in my lifetime is the 90s and mortgage rates hovered around 8%. The is Federal Reserve is full of economist much smarter than you or I and this is were they've wanted the rates since ~2010. Cheap money is problematic in that it can lead to inflation (see present) and market speculation. It also robs the Fed of a necessary weapon to combat recessions. Of course I suspect you don't understand the role of the Fed, how it combats recessions and inflation, causes of inflation, fractional reserve system, etc, etc, etc. You just understand it's Biden's fault.
 
It's perfectly normal and healthy. The federal funds rate being near 0% is dangerous. The healthiest the economy has been in my lifetime is the 90s and mortgage rates hovered around 8%. The is Federal Reserve is full of economist much smarter than you or I and this is were they've wanted the rates since ~2010. Cheap money is problematic in that it can lead to inflation (see present) and market speculation. It also robs the Fed of a necessary weapon to combat recessions. Of course I suspect you don't understand the role of the Fed, how it combats recessions and inflation, causes of inflation, fractional reserve system, etc, etc, etc. You just understand it's Biden's fault.
Hey another one that has no problem speaking for people. Good job.
 
I love how all these trolls are scholars, math experts, economist, political analyst, environmentalist, oil speculation experts, foreign affairs aficionados, professors and general know-it-alls. But here they are, yakin away on an internet forum as people do when they have all those skills and that much background. Clearly making money is less important than trolling in here.
 
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