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News Link  • 
Federal Reserve
12 Reasons Why The Federal Reserve May Have Just Made The Biggest Economic ....
03-17-2017  • by Michael Snyder 
Has the Federal Reserve gone completely insane?
Freedomsphoenix Readerfour

Comments in Response

Comment by: PureTrust
   Entered on: 2017-03-17 08:03:24

When the FED gets into rate-raising mode, it stimulates the economy. Savvy home investors realize that if they borrow, they can't lose. Why can't they? Because when rates go up, inflation goes up, and the price of everything goes up. But, so do wages. So, if you are making $10 per hour, in a few years inflation and interest rates will make living cost so much more that after a while you will be making $20 per hour. It's easier to pay off that loan on $20 per hour than $10.
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