@psychothumbs to NewsEnglish • 6 months agoDeflation Never Happens, Except Right Nownymag.comexternal-linkmessage-square66arrow-up1113arrow-down117
arrow-up196arrow-down1external-linkDeflation Never Happens, Except Right Nownymag.com@psychothumbs to NewsEnglish • 6 months agomessage-square66
minus-square@[email protected]linkfedilink1•6 months agoThis is a weird take… Interest rates are at absurd rates right now.
minus-square@paultimate14link5•6 months agohttps://www.macrotrends.net/2015/fed-funds-rate-historical-chart Only compared to recent prior rates. The full picture is that rates are final normalizing after being held absurdity low.
minus-square@[email protected]linkfedilink2•6 months agoFinally I can put money into the bank and it actually yields a return, but everyone wants to borrow money for free.
minus-square@[email protected]linkfedilink2•6 months agoFinally I can put money into the bank and it actually yields a return, but everyone wants to borrow money for free.
This is a weird take… Interest rates are at absurd rates right now.
https://www.macrotrends.net/2015/fed-funds-rate-historical-chart
Only compared to recent prior rates. The full picture is that rates are final normalizing after being held absurdity low.
Finally I can put money into the bank and it actually yields a return, but everyone wants to borrow money for free.
Finally I can put money into the bank and it actually yields a return, but everyone wants to borrow money for free.