Thursday, September 19, 2024

Interest Rate Cut

The Federal Reserve, that should be audited and really should have been decades ago, did their part to boost the Kamala campaign and dropped the prime interest rate fifty basis points (one half of one percent). They raised the rate over four years to combat that irrationally exuberant shopping spree by American consumers who were just so flush with all that Biden prosperity, except that the inflation was NEVER consumer driven but all caused by government over-spending! 

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