No.100047
why does the fed get so much hate? it literally lowered mortgage rates
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No.100055
Invidious embed. Click thumbnail to play. Disclaimer: this post and the subject matter and contents thereof - text, media, or otherwise - do not necessarily reflect the views of the 8kun administration.
No.100062
>>100047
You answered your own question. Lowered interest rates were responsible for the housing crisis and every recession that's occurred since its creation.
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No.100115
>>100062
>not affirmative action mortgage law
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No.100160
>>100115
The Community Reinvestment Act, Fannie Mae/Freddie Mac, and all similar programs only served to be the reasons why it was the housing market specifically that was the sector in which the malinvestment happened. The root cause is still easy credit, which is caused by artificially low interest rates.
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No.100165
Is this the perfect time to buy gold?
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No.100176
>>100165
The perfect time to buy gold is yesterday
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No.100201
>>100047
>why does the fed get so much hate?
It's a state-enforced monopoly on currency
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No.100203
It exists to enable banks to cartelize by centrally directing the expansion of credit, letting banks literally give out money they don't have without facing consequences.
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No.100219
The fed is behind ever war of modern history. wake up
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No.100227
>>100047
>why does the fed get so much hate? it literally lowered mortgage rates
>why do you guys hate things that distort the market and even cause recessions
FTFY
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No.100241
>>100047
because their goal is not to suck off shareholders but to keep the trust in the dollar
shareholders obviously dont like rate increases and therefore cried a shitton and even managed the fed to stop further increases for the near future
in my opinion the fed is one of the few institutions left in the us that still has some credibility
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No.100242
>>100062
actually lower interest rates were obviously the result of QE which was necessary due to the crisis which was initially enabled and therefore caused by lack of regulation of loans an mortages
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No.100243
>>100242
And QE was done by the fed. And there was no "deregulation" pertinent to the financial crisis which occurred in the years leading up to it, making any effort to blame the crisis on deregulation an exercise in futility. The only take colder is to blame it on "greed."
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No.100247
People like rollercoasters, and like their currency to be a rollercoaster because rollercoasters are fun.
Thus they hate the central bank.
They want tiny-private-bank backed currencies that are subject to speculation.
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No.100351
they manipulate interest rates and caused the housing crisis
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