OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Mr.Copper @ 15:50 on October 12, 2016 Its too late to raise rates now.!

Posted by Ororeef @ 0:40 on October 13, 2016  

better wait until the Dollar Collapses and then they have a GOOD reason to raise !

Raising now will cause a collapse in the economy …thats not the Feds Function.!

The idea that raise it now so you can lower it later when the economy collapses is incredibly stupid !

Why would you collapse the economy ,just so you can take credit for rescuing it ,what if the lowering of the rate later DONT work ?

I doubt it will !

This is the kind of Thinking that Politicians do ..it has NO economic basis.

then the Fed will have caused a collapse that they didnt intend and now cant undo it !  How stupid is that ?

There is absolutly NO evidence that a rate drop of 1/4  or 1/2 a basis point will do anything for an economy with NO demand for goods or services ! ..  Its called PUSHING on a STRING !

The Fed should simply go Home and do nothing and stop tinkering and Politicking and let Market forces work !

Get the FED out of POLITICS period,it was never intended to do that..Shut it Down.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.