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Interest rates and Powell
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Kooiker
Posted 6/19/2025 23:38 (#11268605 - in reply to #11268460)
Subject: RE: Interest rates and Powell



redoak - 6/19/2025 20:58 Low interest rates has got Canada and US in the mess we are with inflation for housing,farms,ect. as people were buying and financing things they really could not afford and fiancing it with cheap interest. Rates should never dropped below 5-6% .It robbed the savers and retirees pension money




Agree

Low interest rates (and loose/easy money financial policy in general) promote stupidity.

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