This way the inevitable crash can be blamed on the Republicans who will have kept the House and just retaken (I hope) the Senate.
You’re not suggesting that the Fed is political, are you? ;)
Higher interest rates just might help local economies long term. Responsible people will be able to accumulate savings for the future. Seniors whose savings haven't been decimated by gov "help" through the recession will mostly spend any interest they get, a lot of it locally. Banks will be more willing to loan if they'll earn a profit from it.
People who are STILL in debt? Not my problem. QE going on any longer?....the longer it goes on, the less reversible its effects on the economy will be.
Correct.
This is a play at the 2016 elections. Crash the economy (well, it is really dead, this just removes the life support)right before mid terms and blame it on the TEA party conservatives.
In two years, proclaim an emergency of some sort and the game is over.
Well if the crash is inevitable we can all get fabulously rich like John Paulson and laugh at everybody.
Just tell me when to load up on shorts and puts!
“This way the inevitable crash can be blamed on the Republicans who will have kept the House and just retaken (I hope) the Senate.”
i’ll take it