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Fed Official Accidentally Leaks Their True Intentions
DerekJohnson
Administrator, Swaye's Wigwam Posts: 70,424
Comments
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This makes sense, because they can't raise interest rates too much. Doing that, makes the interest on our national debt a big problem.
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Raising rates also causes the big rich to send a chunk to the safe haven of Treasuries and money markets, which of course takes money out of the market in its own right.
https://www.youtube.com/watch?v=xpjes-ofYcA
