World Blog by humble servant. The Biden Chronicles .Joe Biden and his resurrection and undoing the the Wrong. Interest RATES higher GOOD for who ?..HIGHER RATES has just SUCK all the stimulus being INJECTED before it get there. Update 1:51 If the Fed is commited...
Joe Biden has keep his word twice..He gave everybody that need it money,food,and support for the children and Medical......And gave all business eligible PPP 1 Loan forgiven and has the second round line UP.....He has given unemployed and the children and parents UNRIVAL support from the Goverment .Actually Joe biden is EXPOSING the elite WHO THINK ITS WRONG TO GIVE money and support to the PEPOLE and they call themselves POLITIANS there scum bankers..Good start....Who hate the fact you GET something Interest RATES are Good for Banks and THOSE who it benefit.USERY people and those who HOPE for higher yeilds it help savers those who have cash no one HAS cash looking for interest ANY ANYMORE. WHO DOES IT HURT the People ALL ADJUSTABLE RATES... They are trying to sell you the Bankers and Goldman sachs of the WORLD want to raise your rates and in TURN MORE PROFIT. ITS bullshit higher rates help only those mention ...Not to mention IT (higher AUTOMACALLY slow things down by the consumers having LESS and the RATE hickers add it to there account and want to lend it at HIGHER rates. Listen people might save the MONEY BUT EVENULLAY they will spent. BUT HIGHER RATES are bad. You been watching tech....There good for home lenders and bankers and money lenders.. ONLY ,how in the HELL is higher rates good for the BORROWER who is SLAVE to the lender...wtf. If Jay Powell is committed to LOW rate. Then there should be no more WAFFLING. And threanten to LOWER RATES if they keep going up...No more winking at the BANKERS if this is not the INTENT. Higher rate are NOT GOOD for people.
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