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US interest rates raised for first time in three years

121 points · 126 comments · higginsniggins

  1. mitxela · · focus · HN ↗
    The government has fully lost control of the long-term Treasury yield - this is their attempt to bring it back under control.

    I expect to see the president fire the Fed, nationalise it and make the rates negative, collapsing the economy.

    1. senectus1 · · focus · HN ↗
      well thats one way to get out of having to pay back your loans :-|
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