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re: Do experts on the money board agree with what the feds did today?

Posted on 3/28/24 at 1:39 pm to
Posted by Big Scrub TX
Member since Dec 2013
34344 posts
Posted on 3/28/24 at 1:39 pm to
quote:


There is so much debt that I’m amazed it has not collapsed yet.
What are you even talking about? What would make you think there would be a "collapse"? Have you ever looked at Japan?
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
52931 posts
Posted on 3/28/24 at 9:48 pm to
quote:

Have you ever looked at Japan?


A country that has an aging population, an average savings of over $125k per household and that's had negative interest rates for almost two decades?

Consumers hoarding money and then the government siphoning some of that hoard off is completely different than the US economy.
This post was edited on 3/28/24 at 9:50 pm
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