This is playing with fire right here and a staggering cost to it. Of course interest rates of all kinds have been not real and synthetically imposed by the feds. Sooner or later the interest rates will go back to normal levels and this will ad a lot to a monthly payment on a house or car loan. It was just a matter of time how long Bernanke could manipulate the market to such low rates buy his buying up the T Bills using make believe money. Make believe stuff always ends.
Posted on: Tue, 15 Oct 2013 19:09:44 +0000
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