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Started By
Message
Federal Reserve going to 0%
Posted on 3/15/20 at 4:24 pm
Posted on 3/15/20 at 4:24 pm
What does that mean to the average person?
12
Posted on 3/15/20 at 4:25 pm to WITCH DOCTOR
Nada. Good for banks though
This post was edited on 3/15/20 at 4:26 pm
Posted on 3/15/20 at 4:25 pm to WITCH DOCTOR
Cashless society, barcodes, Mark of the beast.
Posted on 3/15/20 at 4:26 pm to WITCH DOCTOR
(no message)
This post was edited on 4/3/23 at 3:29 am
Posted on 3/15/20 at 4:26 pm to hombreman9
quote:
Good for banks though
lol complete lie
Posted on 3/15/20 at 4:27 pm to hombreman9
Bad for banks. It’s great for everyone but the banks, whose spreads are only going to get tighter.
Posted on 3/15/20 at 4:27 pm to msutiger
The rich get richer. They'll borrow OUR money to buy our devalued stock while we're most vulnerable to it.
Posted on 3/15/20 at 4:27 pm to WITCH DOCTOR
Savings accounts are worth even less.
Also, if we go into a recession in spite of it, traditional strategies to recover doesn’t apply.
Also, if we go into a recession in spite of it, traditional strategies to recover doesn’t apply.
Posted on 3/15/20 at 4:29 pm to WITCH DOCTOR
Now I can get that F250 120 month note for less than 1%!
Posted on 3/15/20 at 4:30 pm to ezride25
quote:
Cashless society, barcodes, Mark of the beast.
And everyone thought metal musicians were full of shite..
Posted on 3/15/20 at 4:33 pm to WITCH DOCTOR
You're making less today than you were yesterday.
Posted on 3/15/20 at 4:45 pm to WITCH DOCTOR
Ford will now pay me to finance a F250 
Posted on 3/15/20 at 4:46 pm to White Bear
401k’s are about to get an 80% haircut
Posted on 3/15/20 at 4:47 pm to genuineLSUtiger
What does that mean?
Posted on 3/15/20 at 4:47 pm to WITCH DOCTOR
Truck Nuts
off [ON]
off [ON]
Posted on 3/15/20 at 4:49 pm to WITCH DOCTOR
My credit card APR will go from 29.99% to 29.97%
Yay!
Yay!
Posted on 3/15/20 at 4:49 pm to SuperSaint
It means with the tanking of the oil/gas economy, in just a few weeks, I'll come over to Louisiana and buy a 2017 F-350 dually with a 5th wheel camper for pennies on the dollar.
Posted on 3/15/20 at 4:51 pm to msutiger
quote:
ETA: For reference this hasn’t been done since 2008, which I think we all remember
While this is true, it remained at ZIRP for over half a decade
Posted on 3/15/20 at 4:51 pm to EarlyCuyler3
quote:
You're making less today than you were yesterday.
Yep.
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