Geithner: 14th says govt cant default; Redstate: Time to impeach Obama (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
June 07, 2024, 02:42:02 PM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  U.S. General Discussion (Moderators: The Dowager Mod, Chancellor Tanterterg)
  Geithner: 14th says govt cant default; Redstate: Time to impeach Obama (search mode)
Pages: [1]
Author Topic: Geithner: 14th says govt cant default; Redstate: Time to impeach Obama  (Read 3640 times)
opebo
Atlas Legend
*****
Posts: 47,009


« on: July 03, 2011, 02:30:02 PM »

... once interest rates bounce up.

That won't be happening for a very, very long time. 
Logged
opebo
Atlas Legend
*****
Posts: 47,009


« Reply #1 on: July 03, 2011, 02:36:55 PM »

... once interest rates bounce up.

That won't be happening for a very, very long time. 

Well one of us will be proven wrong I guess. I hope it's me!

Actually higher interest rates would be a sign of better days, better economic times.  I'm just predicting a generations long depression.
Logged
opebo
Atlas Legend
*****
Posts: 47,009


« Reply #2 on: July 03, 2011, 03:06:41 PM »

Actually higher interest rates would be a sign of better days, better economic times. 

That sounds like an argument for not raising the debt ceiling, opebo; it's a sure-fire way to push up interest rates quickly and dramatically.

Not at all.  The debt has almost no effect on interest rates.
Logged
opebo
Atlas Legend
*****
Posts: 47,009


« Reply #3 on: July 03, 2011, 05:12:30 PM »

Actually higher interest rates would be a sign of better days, better economic times. 

That sounds like an argument for not raising the debt ceiling, opebo; it's a sure-fire way to push up interest rates quickly and dramatically.

Not at all.  The debt has almost no effect on interest rates.

 great... Risk - management and their actuaries may now have to be rewritten.

Sorry, forget what I said.  I wasn't reading your post carefully enough - it was just facetious.  I was actually responding to the idea that the high level of government borrowing was having an effect on interest rates or economic growth, which isn't what you were saying. 

But to try to respond more accurately - no, just because higher interest rates are normally a result of a growing economy, it doesn't follow that higher interest rates caused by other factors cause the economy to grow. 
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.026 seconds with 12 queries.