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2022-07-28 Economy

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Posted by Lord Garth 2022-07-28 00:00|| || Front Page|| [5 views ] Top

#1 Yet the interest on my saving accounts remain near zero.

Posted by Seeking Cure For Ignorance 2022-07-28 00:58|| 2022-07-28 00:58|| Front Page Top

#2 /\ Less than Inflation and to add insult to injury its taxed.

Posted by magpie 2022-07-28 01:47|| 2022-07-28 01:47|| Front Page Top

#3
Has History Repeated itself?

January 3, 1993 – January 3, 1995
Members
100 senators
435 representatives
Senate Majority Democratic
House Majority Democratic

BUSH leaves and Clinton comes in.

US Federal Interest Rates 1990 - 2000

Posted by NN2N1 2022-07-28 08:25|| 2022-07-28 08:25|| Front Page Top

#4 2.25% isn't nearly enough. You can borrow that all day and pay it back next year in dollars that are worth 9.1% less. So the real interest rate is 9.10 - 2.25 = negative 6.85%. Yes, THAT will cure inflation, no doubt.

Posted by Tom 2022-07-28 17:44|| 2022-07-28 17:44|| Front Page Top

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