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The Water Cooler
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2024 economic outlook
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<blockquote data-quote="OHJEEZE" data-source="post: 4185560" data-attributes="member: 47878"><p>Interest rates been too low too long!</p><p></p><p>Too many people feel interest rates are high now because they know nothing else, when actually these rates are about average for the past 100 years</p><p></p><p>Borrowers grabbed free money and pushed real estate values to unrealistic levels! </p><p></p><p>Nearly no one benifits from high property values other than the tax man! <img class="smilie smilie--emoji" loading="lazy" alt="☹️" title="☹️" src="https://cdn.jsdelivr.net/joypixels/assets/8.0/png/unicode/64/2639.png" /></p><p></p><p>I am thinking that they should lock in rates for a basic savings account to 1-2% above the inflation rate!</p></blockquote><p></p>
[QUOTE="OHJEEZE, post: 4185560, member: 47878"] Interest rates been too low too long! Too many people feel interest rates are high now because they know nothing else, when actually these rates are about average for the past 100 years Borrowers grabbed free money and pushed real estate values to unrealistic levels! Nearly no one benifits from high property values other than the tax man! ☹️ I am thinking that they should lock in rates for a basic savings account to 1-2% above the inflation rate! [/QUOTE]
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