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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Brumar89 who wrote (903537)11/28/2015 12:15:25 PM
From: gronieel2  Read Replies (1) | Respond to of 1586534
 
The FED is an independent central bank as it should be. It makes no difference what political party is in charge. The president doesn't recommend a FED chairman based on politics.

The RW nuttys who want to abolish the FED are crazy dinosaurs.



To: Brumar89 who wrote (903537)11/30/2015 11:19:49 PM
From: RMF  Read Replies (1) | Respond to of 1586534
 
That last chart is just gibberish.

As far as I know the HIGHEST Federal Funds Rate that Volcker's FED established was 20% in June of 1981.

I believe you are mixing up the prime rate with the Fed Funds Rate again.

You're talking about the rate hitting 20% 4 different times...that makes no sense.

That's the Prime Rate...


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