Off-Topic: Historical Home Interest Rates
(Lake Weatherford Specific)
0 messages
Updated
Lakes Online Forum
84,070 messages
Updated 10/30/2024 8:48:25 AM
Lakes Online Forum
5,204 messages
Updated 9/14/2024 10:10:50 AM
(Lake Weatherford Specific)
0 messages
Updated
Lakes Online Forum
4,172 messages
Updated 9/9/2024 5:04:44 PM
Lakes Online Forum
4,261 messages
Updated 5/28/2024 6:31:10 AM
Lakes Online Forum
2,979 messages
Updated 6/26/2024 5:03:03 AM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
Lake Weatherford Photo Gallery





    
Welcome, Guest Select View Mode: [ classic | beta | recent ]
Name:   roswellric The author of this post is registered as a member - Email Member
Subject:   Historical Home Interest Rates
Date:   4/18/2012 10:19:31 AM

That's the rub. Theoretically the country's productivity should keep up with the increase in money supply.  

In the fall of 1979, after the money supply expanded from the Vietnam war and the easy credit of the early 70's, our creditors realized the extent of the debasement of the currency and just didn't show up for the Treasury auctions. That's when Volker "jacked up" the rates so they could sell the t-bills. The Fed said it was done to cool inflation but that wasn't the real reason.

We have a breather now because of the turmoil in the rest of the world's currencies but that won't go on forever. Last year the Fed "printed" 61% of the new debt issued. That's a staggering statistic.  Sooner or later I fear we will have some sort of "event". The bill will be paid in one form or another.
Other messages in this thread:View Entire Thread
Historical Home Interest Rates - roswellric - 4/17/2012 10:11:48 AM
     Historical Home Interest Rates - MartiniMan - 4/17/2012 11:04:16 AM
          Historical Home Interest Rates - Osms - 4/17/2012 11:54:46 AM
               Historical Home Interest Rates - roswellric - 4/18/2012 10:19:31 AM
          try that again - MartiniMan - 4/17/2012 5:35:04 PM



Quick Links
Lake Weatherford News
Lake Weatherford Photos
Lake Weatherford Videos




About Us
Contact Us
Site Map
Search Site
Advertise With Us
   
Weatherford.LakesOnline.com
THE LAKE WEATHERFORD WEBSITE

Copyright 2024, Lakes Online
Privacy    |    Legal