Low Mortgage Interest Rates For Everyone!!!: U.S. May Back Refinance Plan for Mortgages

[Coronita]

This must suck donkey butt for folks who were responsible savers trying to save up for a home all these years. It would be ironic if these low interests rates were available only to people upside down.

[carlsbadworker]

These are all stupid ideas. The major issue of US economy is the lack of savings, either at the government level or at the household level. As a result, it has to run huge government deficit and trade deficit (as a result of trade deficit, saver countries like China can invest in US, although mostly in government bond at the moment to make up the lack of US saving).

Any policy to reduce savings or to punish savers would only kick the can down the road and create longer term issues. We need to encourage the savings and reward the savers…something the market is trying to do but the government won’t let it.

[carlsbadworker]

These are all stupid ideas. The major issue of US economy is the lack of savings, either at the government level or at the household level. As a result, it has to run huge government deficit and trade deficit (as a result of trade deficit, saver countries like China can invest in US, although mostly in government bond at the moment to make up the lack of US saving).

Any policy to reduce savings or to punish savers would only kick the can down the road and create longer term issues. We need to encourage the savings and reward the savers…something the market is trying to do but the government won’t let it.

[carlsbadworker]

These are all stupid ideas. The major issue of US economy is the lack of savings, either at the government level or at the household level. As a result, it has to run huge government deficit and trade deficit (as a result of trade deficit, saver countries like China can invest in US, although mostly in government bond at the moment to make up the lack of US saving).

Any policy to reduce savings or to punish savers would only kick the can down the road and create longer term issues. We need to encourage the savings and reward the savers…something the market is trying to do but the government won’t let it.

[carlsbadworker]

These are all stupid ideas. The major issue of US economy is the lack of savings, either at the government level or at the household level. As a result, it has to run huge government deficit and trade deficit (as a result of trade deficit, saver countries like China can invest in US, although mostly in government bond at the moment to make up the lack of US saving).

Any policy to reduce savings or to punish savers would only kick the can down the road and create longer term issues. We need to encourage the savings and reward the savers…something the market is trying to do but the government won’t let it.

[carlsbadworker]

These are all stupid ideas. The major issue of US economy is the lack of savings, either at the government level or at the household level. As a result, it has to run huge government deficit and trade deficit (as a result of trade deficit, saver countries like China can invest in US, although mostly in government bond at the moment to make up the lack of US saving).

Any policy to reduce savings or to punish savers would only kick the can down the road and create longer term issues. We need to encourage the savings and reward the savers…something the market is trying to do but the government won’t let it.

[Arraya]

The market is demanding more money. If it doesn’t get it there is gonna be trouble.

[Arraya]

The market is demanding more money. If it doesn’t get it there is gonna be trouble.

[Arraya]

The market is demanding more money. If it doesn’t get it there is gonna be trouble.

[Arraya]

The market is demanding more money. If it doesn’t get it there is gonna be trouble.

[Arraya]

The market is demanding more money. If it doesn’t get it there is gonna be trouble.

[briansd1]

[quote=Arraya]The market is demanding more money. If it doesn’t get it there is gonna be trouble.[/quote]

Exactly.

But if you think from a policy perspective, it’s about replacing the wealth lost in the housing crash. That wealth was the currency that made the wheels of commerce turn smoothly. Now we need a replacement currency to keep the wheels turning.

[briansd1]

[quote=Arraya]The market is demanding more money. If it doesn’t get it there is gonna be trouble.[/quote]

Exactly.

But if you think from a policy perspective, it’s about replacing the wealth lost in the housing crash. That wealth was the currency that made the wheels of commerce turn smoothly. Now we need a replacement currency to keep the wheels turning.

[briansd1]

[quote=Arraya]The market is demanding more money. If it doesn’t get it there is gonna be trouble.[/quote]

Exactly.

But if you think from a policy perspective, it’s about replacing the wealth lost in the housing crash. That wealth was the currency that made the wheels of commerce turn smoothly. Now we need a replacement currency to keep the wheels turning.

[briansd1]

[quote=Arraya]The market is demanding more money. If it doesn’t get it there is gonna be trouble.[/quote]

Exactly.

But if you think from a policy perspective, it’s about replacing the wealth lost in the housing crash. That wealth was the currency that made the wheels of commerce turn smoothly. Now we need a replacement currency to keep the wheels turning.

[Author]

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