That is just about the Dumbest thing Iv ever heard of….We have to dumb down the economy so we can make it smart later…..that s what they are saying ..trying to control the US economy with interest rates ..It serves the FEDs purpose ,but nobody else ..thats why we have boom & BUST….end the FED until they stop this shit….”WE raise rates because we may have to lower them..”..what fucking morons.! Everything dosent evolve around the money changers UNLESS you let it…the greedy Bastards .!DO nothing ,GO home ! let market forces set rates a computer would at least be impartial ,instead of the Fed picking winners and losers.
The world was prosperious before 1913 when that egg head W.Wilson let the Banksters run the US economy with their interest rate scams that serve only the money changers.The whole fucking industrial revolution took place without the FED ..The whole STEEL,AUTO industry, the Railroads BOOMED without the FED….
They busted the economy in 2008 ,just like they did in 1933,only this time they bailed themselves out ,they didnt need to establish their Power grabbing banking business authority ..They didnt stop recessions like they claimed they could do in 1933 .They failed and all they did was make the DEBT 1000 times worse,so you cant fix a debt crisis with more debt….Raising rates make the next recession come faster and faster each time because the debt is Greater …..Its a mathematical certainty .! Stop raising rates,do nothing ! The DEBT is TOO high to raise rates…fucking morons! TAX the BANKS and pay down the DEBT.. Sell off Wells Fargo assets theyre crooks anyway, use the money to pay down the debt..everybody will be better off.