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Old 05-02-2012, 01:43 AM   #3
doogiehoussi

Join Date
Oct 2005
Posts
534
Senior Member
Default
The FED needs to have the nuts to say "over the next 2-3 years we are going to gradually raise 30 year rates to 7-8%"...in that manner money starts moving. Cobwebs come off of money. Jack and Jill prosepctive homebuyer say "we might wanna start looking rates are moving up"....balance is a good thing....
No, interest rates must be freed up. They should be market driven. Fuck the Fed.
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