Veeky Forums Help me understand this:

Veeky Forums Help me understand this:
>Consumers are only starting to support the USA economy
>Federal Reserve Raises interest rates to make their mortgages cost more!
Isn't it a bit early to stomp on the brakes in the US??
Or does it mean imports from chima are cheaper so that will balance it out ?

Yes....*Chima .....you know... the Chimese

The feds are fucking retarded. They should implement negative interest rates.

Charge you to keep money in the Banks? Or just charge other banks to keep money in the FED bank?? .
Fucked if I know how it all works!!

HIGHER INTEREST RATES make it more expensive to conduct business don't it?? or does that not happen anymore??

all these retards advocating for higher interest rates are fucking stupid

high interest rates are good for the US economy because it means businesses make stable investments again instead of LOL OFFLOAD EVERYTHING YOU ONLY PAY BACK THE INTEREST ON THE LOAN XD FREE GOBERMENT DOLLERYDOOS THERES NO WAY THIS WILL EVER GO WRONG

Higher interest rates also mean the US dollar appreciates over time which is good for us and for china and an inflow of investment which is good (probably).

People got sick of the economy going to the moon in smoke and mirrors and then challenger exploding all the way back down. Just go for slow growth over time with high interest rates

You don't understand economics or finance shithead.

>all these retards advocating for higher interest rates are fucking stupid
i mean advocating for lower interest rates is fucking stupid
my bad

Agreed, let's crash this economy ASAP and start the cryptocurrency revolution

They say LOW interest rates promote growth.
They say HIGH nterest rates slow growth
Thats why they raise and lower the rates buddy.
Did the fed sort of say because of the upbeat consumer data there will be an interest rate rise maybe two.
Im not fixated on the rates level, just on what they hope to achieve. especially under the current conditions.