Msg. 17606 of 62138 (This msg. is a reply to
17604 by
nacl01)
Jump:
Breaking news: When working Americans take out a loan, it costs them money!
HA NO CHIT. Years ago I got 7% at Boeing savings account. All was fine when we were actually MAKING something on our money. Now everyone whins when the rates go up. Damned if we do damned if we dont. Cant have it both ways pals....LOL
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
Jerome Powell is taking money out of the pockets of working Americans.
Traditionally, retirees could count on some level of income from bonds. Recently that has been roughly 0%. I have heard of these low rates asrobbing the income of retirees. Now,when the interest rates are returning to a more normal range, everybody thinks it is a problem.
Breaking news: When working Americans take out a loan, it costs them money!
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