Economy 52,842 Posted October 22, 2022 Share Posted October 22, 2022 https://www.google.ca/amp/s/www.cnbc.com/amp/2022/10/20/feds-harker-sees-lack-of-progress-on-inflation-expects-aggressive-rate-hikes-ahead.html Fed member from Philadelphia says he expects interest rates to peak in 2023 as high as 4.75% or about 1.75% higher than now US 2 year bond yields have already reached 4.6% getting closer to 5% The US may also surpass and dethrone Canada soon as the developed economy with the Highest Interest Rates as Canada is seen pausing once rates hit 4.25% Mortgage rates and loans and government debt servicing costs continue to rise in nominal terms. Yet relative to inflation real rates are actually still in the negative Link to post Share on other sites More sharing options...
Economy 52,842 Posted October 22, 2022 Author Share Posted October 22, 2022 @PartySickblame Florida Link to post Share on other sites More sharing options...
PartySick 172,426 Posted October 23, 2022 Share Posted October 23, 2022 2 hours ago, Economy said: @PartySickblame Florida I will as soon as I understand what all this means Whimsical bitch Link to post Share on other sites More sharing options...
CautiousLurker 19,709 Posted October 23, 2022 Share Posted October 23, 2022 2 minutes ago, PartySick said: I will as soon as I understand what all this means You pay more money, rich get richer It's a joke! When you give me that look, it's a joke! Link to post Share on other sites More sharing options...
PartySick 172,426 Posted October 23, 2022 Share Posted October 23, 2022 1 minute ago, CautiousLurker said: You pay more money, rich get richer Oh so nothing's changing then Whimsical bitch Link to post Share on other sites More sharing options...
CautiousLurker 19,709 Posted October 23, 2022 Share Posted October 23, 2022 2 minutes ago, PartySick said: Oh so nothing's changing then I mean, you'll be poorer - that's a change It's a joke! When you give me that look, it's a joke! Link to post Share on other sites More sharing options...
PartySick 172,426 Posted October 23, 2022 Share Posted October 23, 2022 Just now, CautiousLurker said: I mean, you'll be poorer - that's a change I mean... A gay is already hovering around the poverty line Whimsical bitch Link to post Share on other sites More sharing options...
The Fame 4,288 Posted October 23, 2022 Share Posted October 23, 2022 At this point I'm about to just go live in the woods in a cave and eat berries and leaves Link to post Share on other sites More sharing options...
CautiousLurker 19,709 Posted October 23, 2022 Share Posted October 23, 2022 3 minutes ago, PartySick said: I mean... A gay is already hovering around the poverty line Fret not, you might not have to hover for too long It's a joke! When you give me that look, it's a joke! Link to post Share on other sites More sharing options...
PartySick 172,426 Posted October 23, 2022 Share Posted October 23, 2022 19 minutes ago, CautiousLurker said: Fret not, you might not have to hover for too long Goody Whimsical bitch Link to post Share on other sites More sharing options...
Economy 52,842 Posted October 23, 2022 Author Share Posted October 23, 2022 42 minutes ago, CautiousLurker said: You pay more money, rich get richer That's what they say about low interest rates Link to post Share on other sites More sharing options...
Economy 52,842 Posted October 23, 2022 Author Share Posted October 23, 2022 45 minutes ago, PartySick said: I will as soon as I understand what all this means It's means higher interest rates... On loans like mortgages, car loans, lines of credit etc It also means higher interest rates for savings accounts, GICs and bonds But the reason they change interest rates isn't to favour savers vs borrowers or vice versa. It all depends on inflation, slack in the labor market and demand vs productive capacity Link to post Share on other sites More sharing options...
PartySick 172,426 Posted October 23, 2022 Share Posted October 23, 2022 2 minutes ago, Economy said: It's means higher interest rates... On loans like mortgages, car loans, lines of credit etc It also means higher interest rates for savings accounts, GICs and bonds But the reason they change interest rates isn't to favour savers vs borrowers or vice versa. It all depends on inflation, slack in the labor market and demand vs productive capacity So...why am I blaming Florida? I mean, I'm totally down for blaming Florida for anything. This, Trump, the extinction of the dinosaurs, whatever. But why Whimsical bitch Link to post Share on other sites More sharing options...
Economy 52,842 Posted October 23, 2022 Author Share Posted October 23, 2022 12 minutes ago, PartySick said: So...why am I blaming Florida? I mean, I'm totally down for blaming Florida for anything. This, Trump, the extinction of the dinosaurs, whatever. But why No reason I know u just blame everything on Florida so I decided to tag u and also blame it on Florida. U can figure out how Florida is to blame for this tho If u can't find a way to blame Florida you can always: Link to post Share on other sites More sharing options...
CautiousLurker 19,709 Posted October 23, 2022 Share Posted October 23, 2022 38 minutes ago, Economy said: That's what they say about low interest rates I mean, people are about to start paying more in interest, and the rich keep getting richer - the truth is not very ambiguous here It's a joke! When you give me that look, it's a joke! Link to post Share on other sites More sharing options...
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