Re:Vanguard Warns of Worsening Odds for the Economy and Markets
by spectrum1234 on Tuesday August 14, 2018 @12:42AM
(#17755639)
And this should highlight the absurdity of interest rates even being "set" in the first place.
Re:Vanguard Warns of Worsening Odds for the Economy and Markets
by amanaplanacanal on Wednesday August 15, 2018 @01:30AM
(#17763952)
That's just the way the Federal Reserve works. As long as they are around, they will loan money at interest rates that they set. Potentially they could get out of the money business and we could go back to using precious metals for money, but I don't know how you get there from here.
> If the facts change — with, say, the Federal Reserve delaying anticipated interest-rate hikes in response to a weaker economy — the recession forecast will change, too, Mr. Davis said.