Shock News!!!!!! Fed Declines To Raise Interest Rates!!!!


Wow!!!  Who would have ever seen that coming?

They won’t, and they can’t and they know they can’t.  But, it does occur to me that they really, really, really want to.  Why?  Because that’s how the Fed is financed.  Let’s all meditate on the interest rates they charge and why, just for a minute. 

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8 Responses to Shock News!!!!!! Fed Declines To Raise Interest Rates!!!!

    • DirkH says:

      DJI, DAX heavy losses. ZIRP doesn’t help stocks anymore! Stocks are begging for QE!

    • DirkH says:

      Interesting ides under “This is what the New York Fed said in August 2012:” – Fed expects people to try to get rid of cash as if it were a live grenade! Ya don’t say! I’ve been doing that for 3 years now!
      NIRP is a turbocharger for destroying confidence in currency! It’s a conscious purposeful destruction of faith in the product of the Central Banks – or, in the faith into Central Banks themselves! What could possibly go wrong!

    • suyts says:

      I don’t believe the US will ever really get there. I think there’ll be a structural change, before it comes to that. If we ever get to NIRP, I’ll make a fortune!

  1. DirkH says:

    Oh look. We all know that downgrading the US is verboten for US rating agencies – but you can still downgrade Russia – and now, core EU countries! Yay!
    Only question, what took them so long?

    • suyts says:

      Heh! No doubt! ….. As you noted the obvious about the US … I just don’t understand the abject denial of reality by everyone else. The whole world is in debt and the whole world just blithely goes on as if there’s not a thing to worry about, while it all crumbles around us.

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