• US Federal Reserve raises interest rates by 0.25.
    34 replies, posted
It would freeze the piston, and the gas would vent out the feed.
[QUOTE=Svinnik;49330618]Is this good or bad?[/QUOTE] Bad if you're borrowing, good if you're saving
[QUOTE=JohanGS;49330639]Isn't this like the standard thing to do since the economy is a bit stronger?[/QUOTE] I think the whole issue with there being a recovery and literally no working class people noticing it has a lot to do with the hesitation as to whether or not this is good. Many people here never got to experience a recovery. Wages are still stagnant.
Asset price inflation has never been a good mechanism for stimulating economic growth.
[QUOTE=Headhumpy;49335451]Asset price inflation has never been a good mechanism for stimulating economic growth.[/QUOTE] That's correct. It creates a bubble that always bursts.
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