Tuesday, June 23, 2015

Fed holds off on interest rate hike, downgrades economic forecast


Looks like the Federal Reserve is going to keep on keeping interest rates artificially low. How long can the Fed keep this up? Well, since Japan’s central bank has been doing the same for 35 years now, probably a long, long time. Of course this just means that when the day of reckoning finally comes and interest rates return to historically normal rates (around 5%) the financial collapse will hit hard. Until that day we get to continue living a normal, stable, peaceful life. So enjoy!

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