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Yavin4

(37,182 posts)

6. Yep. Greenspan did everything within his power to throw the economy into recession...

Wed Aug 21, 2019, 01:52 PM

Aug 2019

when Gore was running for president. I had intense arguments with folks about this.

Look at the rate at May 2000 for proof. The 2nd highest peak since Volker spiked rates to kill inflation under Reagan. The big difference was that there was no inflation in 2000. We were running surpluses, not deficits, and the economy was doing great. He intentionally spiked rates to fuck over Gore and get W elected.

We've been paying for his bullshit ever since. Fuck Greenspan.

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Does anyone have a chart to show what the Federal interest rates were [View all] Baitball Blogger Aug 2019 OP

Chart Louis1895 Aug 2019 #1

Hmmm. High during Democratic presidencies, low for Republican presidencies. Baitball Blogger Aug 2019 #2

Yep. Greenspan did everything within his power to throw the economy into recession... Yavin4 Aug 2019 #6

A point I'd never considered. Thanks for that Roland99 Aug 2019 #10

You're mixing cause and effect a bit mathematic Aug 2019 #3

Great information. Baitball Blogger Aug 2019 #4

Sure, I can explain a some more mathematic Aug 2019 #5

Question for you. Yavin4 Aug 2019 #7

It was anticipatory mathematic Aug 2019 #9

6.44% with very little inflation year over year?! Yavin4 Aug 2019 #12

Okay, thank you. I have a few more questions. Baitball Blogger Aug 2019 #8

When we get to analyzing trump it's mostly speculation mathematic Aug 2019 #11

You've given me a great deal of info to digest, but your explanation Baitball Blogger Aug 2019 #13

I remember having a mortgage for 16% under Ronnie mnhtnbb Aug 2019 #14

That's not necessarily a bad thing Recursion Aug 2019 #15

Here's a view of interest rate cycles since the '70's mnhtnbb Aug 2019 #16