Politics
Politics
Out of context: Reply #5658
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- BattleAxe0
Bottom up,
cut mortgages interest rates by 1 or 2 points you instantly give home owners more money to save = more money in banks to lend
or they spend it , a little here a little there = stimulate
plain and simply cut interest rates on all debt , how can that not help everyone ? car loans , credit cards, student loans, business loans you shave some points , people walk away with anything from $ 50 - $200+ more money a month in there pockets , or shock it stays in the bank ,
the rate the Fed gives to banks if low already ,
why is that such a horrible idea , enlighten me