Originally Posted by
fcoolaiddrinker
1. In theory however a world of zero % interest and zero % inflation has never happened. Interest rates have been historically low for a while and savers are getting crushed by the near zero interest rate with 2-3% inflation. It started to improve right before this mess but unfortunately the fed had to go near zero to keep money flowing.
Again, it is inflation that is hurting people, not low interest rates. Although the government should be out of the economics business all together and we should have a free market of interest. The government has zero legitimate business dictating the money supply or the cost of money.
Originally Posted by
fcoolaiddrinker
2. true that’s why the fed needs to raise interest to take some printed money out of the market.
They need to quit printing money.