ThetaGangThroweway
ThetaGangThroweway OP t1_j1vbd2a wrote
Reply to comment by CoffeeMaster000 in Why Interest Rates Should Stay High (ish). by ThetaGangThroweway
It's definitely sustainable, the question is if we really want it (a positive inflation number keeps granny from stuffing her money in a mattress).
ThetaGangThroweway OP t1_j1vai7u wrote
Reply to comment by alopz in Why Interest Rates Should Stay High (ish). by ThetaGangThroweway
That's the point. We need to change some basic incentives.
ThetaGangThroweway OP t1_j1v9ahe wrote
Reply to comment by CoffeeMaster000 in Why Interest Rates Should Stay High (ish). by ThetaGangThroweway
The market is full of perverse incentives to take excessive risk and create bubbles around innovative products and services. This can be fixed either by keeping interest rates where they are now or perhaps higher, and/or setting the targeted inflation rate to zero.
ThetaGangThroweway OP t1_j1v7mah wrote
Reply to comment by arpatel530 in Why Interest Rates Should Stay High (ish). by ThetaGangThroweway
That's why interest rates rose short term, this wall of text is why they should stay where they are long term.
ThetaGangThroweway OP t1_j1v7gy5 wrote
Reply to comment by Dingo9933 in Why Interest Rates Should Stay High (ish). by ThetaGangThroweway
Hopefully the people who count are. And the people who upvote just for the headline are helping to that aim.
ThetaGangThroweway OP t1_j1uzakg wrote
Reply to comment by Impossible-Machine42 in Why Interest Rates Should Stay High (ish). by ThetaGangThroweway
It's much higher right now than the rates which produce the effect described.
Submitted by ThetaGangThroweway t3_zwj0ve in wallstreetbets
ThetaGangThroweway OP t1_j1veal1 wrote
Reply to comment by Invest0rnoob1 in Why Interest Rates Should Stay High (ish). by ThetaGangThroweway
Of course. Inflation is actually a net positive for me due to my mortgage and student loans.