[who_would_fardels_bear]

America's economy will not be truly "free market" unless and until there is a free market in interest rates.

How is the Fed going to adjust interest rates or the reserve rate based on ESG and income inequality? Are different people going to be assigned different interest rates when they go out to buy a car or house?

[Freest Republican]

They only control the short end of the yield curve.

The bond market controls long term rates.

The reality is if the economy was all smoke and mirrors the long bonds would’ve sold off and rates would be higher.

Instead people, the majority being US citizens and SSA are lending the govt their money for 30yrs at 4.5% APR.

[Jim Noble]

Are different people going to be assigned different interest rates when they go out to buy a car or house?

I wouldn't be at all surprised.