The Fed’s $600 Billion Statement, Translated Into Plain English

[Anonymous]

Not sure how you define “Thriving”. Of course there are alot of people who are well off and always will be.

But seriously, unless you are a bank executive, the majority of people are making less real income today than they were say 2-3 years ago.

[sdrealtor]

How can you say that? I think the majority of people around my area are making about the same income. But alot of them are benefiting from increased discretionary income by refinancing their mortgages. I just sent a friend/neighbor over to Sheldon who was paying 5.875 on a 600K loan. He’s a biotech guy who was busy at work and not paying attention to rates. His payment is going down around $600/month!!!

[sdrealtor]

How can you say that? I think the majority of people around my area are making about the same income. But alot of them are benefiting from increased discretionary income by refinancing their mortgages. I just sent a friend/neighbor over to Sheldon who was paying 5.875 on a 600K loan. He’s a biotech guy who was busy at work and not paying attention to rates. His payment is going down around $600/month!!!

[sdrealtor]

How can you say that? I think the majority of people around my area are making about the same income. But alot of them are benefiting from increased discretionary income by refinancing their mortgages. I just sent a friend/neighbor over to Sheldon who was paying 5.875 on a 600K loan. He’s a biotech guy who was busy at work and not paying attention to rates. His payment is going down around $600/month!!!

[sdrealtor]

How can you say that? I think the majority of people around my area are making about the same income. But alot of them are benefiting from increased discretionary income by refinancing their mortgages. I just sent a friend/neighbor over to Sheldon who was paying 5.875 on a 600K loan. He’s a biotech guy who was busy at work and not paying attention to rates. His payment is going down around $600/month!!!

[sdrealtor]

How can you say that? I think the majority of people around my area are making about the same income. But alot of them are benefiting from increased discretionary income by refinancing their mortgages. I just sent a friend/neighbor over to Sheldon who was paying 5.875 on a 600K loan. He’s a biotech guy who was busy at work and not paying attention to rates. His payment is going down around $600/month!!!

[Anonymous]

You’re right, people today have a lot more discretionary income than before.

Wait, then can you explain to me why the Fed is doing QE?

[Anonymous]

You’re right, people today have a lot more discretionary income than before.

Wait, then can you explain to me why the Fed is doing QE?

[Anonymous]

You’re right, people today have a lot more discretionary income than before.

Wait, then can you explain to me why the Fed is doing QE?

[Anonymous]

You’re right, people today have a lot more discretionary income than before.

Wait, then can you explain to me why the Fed is doing QE?

[Anonymous]

You’re right, people today have a lot more discretionary income than before.

Wait, then can you explain to me why the Fed is doing QE?

[Anonymous]

Seriously, has your friend been living in a friggin cave? Rates have been below 5% for well over a year, maybe two.

Belive it or not, in real work places, something you know little about, topics such as HISTORIC low interest rates actually come up now and then.

[Anonymous]

Seriously, has your friend been living in a friggin cave? Rates have been below 5% for well over a year, maybe two.

Belive it or not, in real work places, something you know little about, topics such as HISTORIC low interest rates actually come up now and then.

[Anonymous]

Seriously, has your friend been living in a friggin cave? Rates have been below 5% for well over a year, maybe two.

Belive it or not, in real work places, something you know little about, topics such as HISTORIC low interest rates actually come up now and then.

[Anonymous]

Seriously, has your friend been living in a friggin cave? Rates have been below 5% for well over a year, maybe two.

Belive it or not, in real work places, something you know little about, topics such as HISTORIC low interest rates actually come up now and then.

[Author]

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