- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Fed funds rate was 14% in the late 70’s early 80’s to battle inflation.
Posted on 4/15/22 at 7:52 am
Posted on 4/15/22 at 7:52 am
Those double digit Fed funds rate were historically high in the inflationary and eventually stagflation period following the Vietnam war and the cessation of a gold backed USD. I’m not sure but I believe total US government debt was less than a trillion dollars in 1980.
If interest rates climbed into double digits to curb inflation in the late 70’s/80’s where the hell are we heading with 30 trillion in government debt on the books?
If interest rates climbed into double digits to curb inflation in the late 70’s/80’s where the hell are we heading with 30 trillion in government debt on the books?
12
Posted on 4/15/22 at 7:54 am to Bass Tiger
Hold on to your britches.
Posted on 4/15/22 at 7:54 am to Bass Tiger
Say goodbye to the American Dream.
It was a good run. Sad the way it’s going to end.
It was a good run. Sad the way it’s going to end.
Posted on 4/15/22 at 7:54 am to Bass Tiger
it all makes sense when you realize that elites are crashing the dollar on purpose because they are positioned globally to get super rich from it at this point
as well as opening a huge opportunity for a power grab for the America they rebuild in their image
as well as opening a huge opportunity for a power grab for the America they rebuild in their image
Posted on 4/15/22 at 7:59 am to theunknownknight
I read some of the libertarian/goldbug type sites and I know it is in their nature to push precious metals. But, there is some good analysis on those sites and they have gone full tilt lately with dozens of pieces about how the western sanctions on Russia are totally insane and going to destroy the dollar.
I understand all of the WEF stuff, but I wonder if the neocons are carrying out their orders or are too dumb to understand their policies are going to destroy us.
I understand all of the WEF stuff, but I wonder if the neocons are carrying out their orders or are too dumb to understand their policies are going to destroy us.
This post was edited on 4/15/22 at 8:00 am
Posted on 4/15/22 at 8:01 am to Bass Tiger
If you didn't own shite before you will never own anything now. Sucks for those people
Posted on 4/15/22 at 8:05 am to Bass Tiger
quote:
Fed funds rate was 14% in the late 70’s early 80’s to battle inflation.
Posted on 4/15/22 at 8:08 am to stout
Remember all those bailouts? Even after Katrina I didn’t like the way they were so willing to just hand out money.
At least Trump un-handcuffed the economy and GDP was growing.
At least Trump un-handcuffed the economy and GDP was growing.
Posted on 4/15/22 at 8:08 am to stout
Posted on 4/15/22 at 8:14 am to Bass Tiger
10% interest rate is $3T in interest payments. US government revenue in 2021 was $4T. Do the math
Posted on 4/15/22 at 8:16 am to stout
quote:
If you didn't own shite before you will never own anything now. Sucks for those people
Home ownership will be a challenge.
Posted on 4/15/22 at 8:16 am to theunknownknight
quote:
it all makes sense when you realize that elites are crashing the dollar on purpose because they are positioned globally to get super rich from it at this point
The elites have been positioning since the financial meltdown of 2008/2009 when they took cheap government money and started buying hard assets like real estate.
Posted on 4/15/22 at 8:19 am to Bass Tiger
If we hit double digit FFR I’m putting my entire 401k in 30yr treasuries
Posted on 4/15/22 at 8:20 am to Bass Tiger
quote:US Debt didn't crack the trillion mark until midway through Reagan's 2nd term after most of his Star Wars Inititive spending.
I’m not sure but I believe total US government debt was less than a trillion dollars in 1980.
Reagan "spent" his way out of stagflation with SWI that, until Obama, had him by percentage comparison outspending everyone else. However, that spending set us up for 2 boom periods in the 90's. 1st with the tech and manufacturing that came directly from SWI and 2nd with the Dotcom surge (that ended in a bubble but still leads us to today with many of the investors and even same companies around now and did raise the entire stock markets base worldwide).
Posted on 4/15/22 at 8:21 am to bbvdd
quote:
f we hit double digit FFR I’m putting my entire 401k in 30yr treasuries
I’m not sure what to do yet.
This post was edited on 4/15/22 at 8:37 am
Posted on 4/15/22 at 8:25 am to Bass Tiger
Clip those 15-20% coupon payments for a few years then sell when interest rates come back to normal for a huge gain
15% would be over 200k per year.
15% would be over 200k per year.
Posted on 4/15/22 at 8:27 am to Bass Tiger
I remember 18% interest rate on credit cards. 
Posted on 4/15/22 at 8:33 am to bbvdd
quote:I honestly don't think they will because they can't. They will inflate away government debt and destroy the middle class. That's always been the plan
If we hit double digit FFR
Posted on 4/15/22 at 8:48 am to bbvdd
quote:All eggs in one basket. What if we default? I suppose there's no place safe if we do but I don't like the one basket concept.
If we hit double digit FFR I’m putting my entire 401k in 30yr treasuries
Posted on 4/15/22 at 8:53 am to loogaroo
quote:
Hold on to your britches.
Locked in at 2.65..
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News