Gilfed
Member
- Joined
- Mar 21, 2014
- Sythe Gold
- 6
- Messages
- 67
I still don't understand exactly how the lowest interest rates ever is a bad thing. Obviously it's meaning is bad because the first thing the Federal bureau will try to do to promote spending, next would be printing money but no one want's inflation. For the people who are still holding a job and are going through a struggle getting their rates adjusted will saves them hundreds of thousands in the long run, the difference between a 10% loan and a 3.8% are gigantic. The economy will go back up, the same thing is happening in the US, the only reason our PPF curve didn't take so long was because we put in billions on billions into our economy. But the short term results for a fix will fuck us over in the end because where never going to be able to pay anything off.
It's a give and take. You can see at as progression as a whole or you can look at it as individual finance. Where both right, we just look at things in two different senses.
Let's just leave it at that




















