psychothumbs@lemmy.world to News@lemmy.worldEnglish · 7 months agoDeflation Never Happens, Except Right Nownymag.comexternal-linkmessage-square66fedilinkarrow-up1113arrow-down117
arrow-up196arrow-down1external-linkDeflation Never Happens, Except Right Nownymag.compsychothumbs@lemmy.world to News@lemmy.worldEnglish · 7 months agomessage-square66fedilink
minus-squareLucidlethargy@sh.itjust.workslinkfedilinkarrow-up2arrow-down1·7 months agoThis is a weird take… Interest rates are at absurd rates right now.
minus-squarepaultimate14@lemmy.worldlinkfedilinkarrow-up5·7 months agohttps://www.macrotrends.net/2015/fed-funds-rate-historical-chart Only compared to recent prior rates. The full picture is that rates are final normalizing after being held absurdity low.
minus-squareGnomeBrolinkfedilinkarrow-up2·7 months agoFinally I can put money into the bank and it actually yields a return, but everyone wants to borrow money for free.
minus-squareGnomeBrolinkfedilinkarrow-up2·7 months agoFinally I can put money into the bank and it actually yields a return, but everyone wants to borrow money for free.
This is a weird take… Interest rates are at absurd rates right now.
https://www.macrotrends.net/2015/fed-funds-rate-historical-chart
Only compared to recent prior rates. The full picture is that rates are final normalizing after being held absurdity low.
Finally I can put money into the bank and it actually yields a return, but everyone wants to borrow money for free.
Finally I can put money into the bank and it actually yields a return, but everyone wants to borrow money for free.