The Fed just raised interest rates: 12 reasons why this is the biggest mistake since the last financial crisis

SOTH (Signs of the Times)

Michael Snyder
The Economic Collapse
Fri, 17 Mar 2017 17:37 UTC

Has the Federal Reserve gone completely insane? On Wednesday, the Fed raised interest rates for the second time in three months, and it signaled that more rate hikes are coming in the months ahead. When the Federal Reserve lowers interest rates, it becomes less expensive to borrow money and that tends to stimulate more economic activity. But when the Federal Reserve raises rates, that makes it more expensive to borrow money and that tends to slow down economic activity. So why in the world is the Fed raising rates when the U.S. economy is already showing signs of slowing down dramatically? The following are 12 reasons why the Federal Reserve may have just made the biggest economic mistake since the last financial crisis… Read Complete Report

End the Fed

 

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