interest
Think a recession will be bad? The House wants $1.3T in student loans to start being paid back WITH over 2 years of interest back-payments
by BoatSurfer600 via forbes: House Republicans just approved a plan to repeal key Biden student debt relief initiatives. Advocacy groups are warning that if the plan is ultimately enacted, millions of borrowers could have their student loan forgiveness credit voided. And thousands …
Remember when bank deposits collected interest rates that exceeded the rate of honestly-measured inflation? Neither do I.
A long time ago in the 1980s, banks gave high interest rates for savings due to high government interest rates. I believe I got 8% while federal rates were 13%. Today. Banks give 1% or less while federal rates are …
‘Debt ceiling increase = inflation increase = Federal Reserve Interest rate hikes = higher mortgage & car loan costs = higher food/gas prices = decrease in wage value… It’s all connected. If Gov’t spending isn’t cut, your family’s spending will be’
Listen up pic.twitter.com/BrgWo4fCWX — Brandie with a 🐝 (@BrandieWithABee) May 25, 2023 Government spending is up 55% since 2019 and we have 1% GDP growth. pic.twitter.com/PEZ59Codee — Dan Collins (@DanCollins2011) May 24, 2023 https://twitter.com/bagholdingbear/status/1661434652303785994 CNN fact checks far-left Democrat Rep. …
A deep dive into the shrinking money supply: Banks get sweetheart programs from the liquidity fairy while households are forced to take on debt and in some instances DIE while being priced out of their lives in favor of rising interest rates to fight an inflation problem the Fed created.
by Dismal-Jellyfish Let’s get to it! M2 (U.S. money stock–currency and coins held by the non-bank public, checkable deposits, and travelers’ checks, plus savings deposits, small time deposits under 100k, and shares in retail money market funds) is decreasing: https://fred.stlouisfed.org/series/M2SL …
A wise man once said “Every century, we experience the most extreme fluctuations in interest rates, ranging from the highest to the lowest.”
by DesmondMilesDant If the Fed ends up hiking one more time then we will have a W breakout then the trend is up but not straight line. Higher highs and higher lows. But imp thing to note is lowest of …
Survey of Economists: Inflation Will Stay High This Year, and So Will Fed’s Key Interest Rate
The Federal Reserve will make only modest progress in its fight against inflation for the rest of this year, even while keeping its benchmark interest rate at a 16-year high, a group of business economists predict in a survey released …
The Fed released the Economic Well-being US Households 2022. People will DIE being priced out of their lives in favor of raising interest rates to fight inflation for a problem the Fed created to begin with. Inflation isn’t just insidious, it kills!
by Dismal-Jellyfish Not even dying is without inflation 🙁 “Cost of dying” in America nears $20K The median funeral cost is $7,848, the average family spends $9,351 on legal and financial expenses. Source: https://www.federalreserve.gov/publications/files/2022-report-economic-well-being-us-households-202305.pdf
Inflation Alert! St. Louis Fed’s James Bullard backs two more hikes. Bullard would have central bank push interest rates up to 5.5%-5.75% range
by Dismal-Jellyfish Sources: https://www.marketwatch.com/story/feds-bullard-backs-two-more-hikes-359fb941: St. Louis Fed President James Bullard on Monday said he would like to see two more quarter-percentage-point interest-rate hikes this year. “I think we’re going to have to grind higher with the policy rate in order …
Janet Yellen Is Not Bluffing! Not Enough Money To Pay June 1st Interest Expense. May Not Even Has Enough Money To Last Through Next Week!
by Hephaestus4 They will raise the debt ceiling again and again. $1.5 Trillions just enough to pay interest for our $31.7 Trillions Debt likely until the end of this year. Interest is compounding fast. It is best to shock the …
Gold’s Open Interest on Comex indicates that futures are not overbought, suggesting that when it is over this decline could support a decent upward move. Are we going higher or lower from here?
by BoatSurfer600 via kingworldnews: Here is a look at what is happening behind the scenes in the gold and silver markets. May 19 (King World News) – Alasdair Macleod:Gold and silver prices declined this week, as the shorts mounted an attack …
Cleveland Fed Governor Loretta J. Mester believes interest rates should go higher… Richmond Fed Governor Thomas Barkin: I also want to reduce inflation,” “And if more increases are what’s necessary to do that I’m comfortable doing that.
by Dismal-Jellyfish Inflation Alert! Cleveland Fed Governor Loretta J. Mester believes interest rates should go higher: “And so the question, you know, in my mind is have we gotten to that rate yet? And at this point, given the data …
Inflation numbers are underreported. People are struggling. The open interest for VIX call options hit a 5-year high
via fortune: US households showed signs of increasing financial stress in the first quarter, with credit card balances not declining in the way they typically do at the start of the year and delinquencies rising for most types of consumer …
Argentina Ramps Up Interest Rate To 97% To Combat Inflation: Central Bank – America learn here
Argentina’s central bank on Monday hiked its base interest rate by six points to 97 percent as the government prepares to announce a spate of measures to tackle soaring inflation. It is the second time in less than a month …
Is this how the end looks like? Interest payments > Military budget
https://fred.stlouisfed.org/series/FYOIGDA188S As you can see from the chart, federal government spending on interest payments has increased significantly over time. This is largely due to the increasing national debt, which means that more and more money must be spent on interest …
Government: Minting $1 Trillion coin to “solve” the debt problem. Interest payments Q1: And it’s gone.
A trillion here, a trillion there; pretty soon you’re talking about real money. h/t CarlBMenger_
Do Lower Interest Rates Equal Dumber Investments?
by Aryeh987 The connection may seem totally random, why would the interest rates the Fed borrows and lends at make investments dumb? However, there seems to be a series of incentive structures that correlates the two. The Federal Funds Rate dictates …
As the Fed raise interest rates at the fastest pace in history. Then they wonder why it all broke. Can anyone say credit crunch?
As they raise interest rates at the fastest pace in history. Then they wonder why it all broke. — The Kobeissi Letter (@KobeissiLetter) May 8, 2023 Can anyone say credit crunch? 😂 pic.twitter.com/IjHT1zVSEo — Nikolay Kolarov, CFA (@libertniko) May 8, …
What banks need is a recession and lower interest rates ASAP. Because they can’t make money borrowing at a Fed rate of 5% against a bond portfolio yielding 2%. But, rates won’t come down until banks implode
by BoatSurfer600 Zen Second Life In this chart we see that every small cap death cross since 2009 has led to S&P 500 crash. Four out of five times were due to either fiscal or monetary tightening. This time, we …
US Government Interest Payments Are Going Parabolic
https://thedailyshot.com/ 13 year old asked Warren Buffett about the U.S dollar losing its reserve currency status. Asking a better question than 99% of journalists. pic.twitter.com/OCUry5N3v8 — Genevieve Roch-Decter, CFA (@GRDecter) May 7, 2023 Buffett Turns Gloomy: The "Incredible Period" For …
Deutsche Bank is now offering 2.4% interest on 1y fixed saving account to retain or attract customer deposits.
Deutsche Bank is now offering 2.4% interest on 1y fixed saving account to retain or attract customer deposits. Deutsche deposits were down 5% to €592bn in Q1. Most happened before banking turmoil in Mar, driven by depositors seeking higher rates… …
Credit Card debt in the U.S about to pass $1 TRILLION. Average interest rate on that debt is 24.24%.
by Qplus17 https://twitter.com/GRDecter/status/1651734455537614853 ‘The US Economy Is Unwell’: Wall Street Bigwigs Pour Cold Water on Benedict Biden’s Economic Optimism JPMorgan says S&P 500 could hit 3500 ‘by early summer’ By Investing.com ‘Welcome to the recession:’ Most of Wall Street still …
Congratulations To The Bipartisan Bill To Raise Our Debt Celing So We Have Money To Pay Interest On Our Ballooning National Debt Now Reach Almost $1 Trillion.
This is why Powell has been raising rates so quickly. He thinks he is going to shock the market into forgetting cpiflation and then lower rates again before the debt service kills us. Where does anyone think the new cash …
$31.4 trillion in debt currently….$1 trillion, 20% of tax revenue, will be going to pay interest on debt… 5% inflation is new standard in US
$31.4 trillion in debt currently. It will be at $32 trillion instantly once they raise ceiling, to refill govt accounts. $4.9 trillion govt tax revenue$6.9 trillion govt spending $1 trillion, 20% of tax revenue, will be going to pay interest …
U.S. home prices see biggest annual drop in more than a decade as interest rates soar
by: Cassie B. (Natural News) Last month, home prices in the U.S. experienced their largest annual drop since 2012 as pending home sales reached a post-pandemic low. A report from real estate brokerage Redfin showed that median home prices in …
Net interest income and net interest margins. This is all you need to know about FRC and where it’s headed.
by throwaway1177171728 No idea how so many people here fail to see and understand this. The crisis happen in mid-March. Their results were 10 weeks of “normal” followed by 2-3 weeks of stress. Those 2-3 weeks of stress had the …
Person interest payments have increased by 100% in the past 18 months. Credit crunch is taking out auto lending home lending and commercial real estate.
~100% increase in the past 18 months pic.twitter.com/VNLUWHSjKg — Adam Taggart (@adamtaggart) April 19, 2023 Credit crunch is moving forward, taking out auto lending home lending and commercial real estate. Recession signals are 🚨🚨🚨 🔊 https://t.co/xJgzSeqaOL — Wall Street Mav …
Federal Reserve Alert! “In the interest of further strengthening transparency and accountability, the 12 Reserve Banks have agreed to adopt a common policy for public requests for information and expect to implement this policy by the end of this year.”
by Dismal-Jellyfish Source: https://www.newyorkfed.org/newsevents/statements/2023/0324-2023 The Federal Reserve Banks are committed to transparency and accountability and each Reserve Bank has existing procedures for providing information to the public. In the interest of further strengthening transparency and accountability, the 12 Reserve Banks …