Yes, save the asset holders, damn the peasants. even Trump said he wants to see housing prices go higher.
replyThese people do not care about you. You need to hate them more.
Do you think the common person benefits from high interest rates? Pray tell, how?
replyIt helps keep inflation under control, for one thing. For another, it helps prevent billionaires from wasting even more money on boondoggles.
reply> prevent billionaires from wasting even more money on boondoggles
replyThis is what you want though? If everyone stops "wasting even more money on boondoggles" there is no innovation, and no jobs if nobody is making more boondoggles.