/biz/ - Business & Finance

>>58649811
>keeps interest rates this high
Interest rates are historically low, the problem is that after the toxic banking bailout that should never have happened you got used to nigh on 0% interest rates and because people borrowed money and spent it on retarded shit they're now unable to raise interest rates to anything like the level they should actually be raised to because the whole thing will collapse like a massive house of cards if they did.

Americans have allowed their financial system to be taken over by midwits and communists who make retarded decisions based on "trust me bro, this'll work" and now they're doing everything they can just to keep it from blowing the entire Western financial system to pieces.

Get it through your thick skull, the rates aren't coming down, they should be at least quadruple what they are now.

>>58556118
I don't think that the Biden administration actually wants America to succeed, I think they're busy putting the final nails in the coffin.