Faun
Diamond Member
- Nov 14, 2011
- 124,443
- 81,358
Your lie was why they kept it so low for as long as they did. But again, according to your lies, the economy sucks right now since the rate is still low.Your continued lying doesn't help you. Again, it was a nervous Fed that didn't want to wreck the economy again. The same Fed that is keeping the rate low now. According to you, that means the economy sucks now too.No, it meant the fed was nervous about raising the rate since the last time they had, it contributed to the collapse of our economy. It's the same reason they're keeping it low now and not raising it more.Nope, that's not what that meant. Thanks for trying though.
Fed Funds at 0-0.25% for 7 years meant the economy was rocking?
Thanks for adding your wisdom. DURR.
An economy so fragile that it needs rates at 0-0.25% isn't a strong economy.
No lie, the effective Fed Funds rate was below 0.25% from December 2008 until December 2015.
View attachment 268386
Effective Federal Funds Rate | FRED | St. Louis Fed
The same Fed that is keeping the rate low now. According to you, that means the economy sucks now too.
View attachment 268387
Effective Federal Funds Rate | FRED | St. Louis Fed
2.4% is a far cry from sub 0.25%.