[thinden]

I did a double take on that too. They stated REAL rates, which I guess is yield minus inflation. So 5% yield minus ?? = 2%. They think inflation is 3%. I’m still out too.

xxxxxxxxxxxxxxxx

nobody in the real world uses REAL interest rates like this. (well maybe a gummit economist or MSM news reader?)

as bubba would say: "it depends on what your definition of REAL is?"

if they used cc rates vs USTN, then REAL rates would look like this:

28% APR card rate
<11%> inflation rate
17% REAL interest rates

[NautiNurse]

LOL. Using your logic, 7.74% mortgage rates are really -3.26%. The mortgage company would be paying for the privilege of loaning money to buy the new home.