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by red-iron-pine 483 days ago
nah artificially low rates is how we got here in the first place.

it's like a junkie who is dope sick being desperate for more dope. that eases the pain in the short term but doesn't fix the problem -- real adjustments need to happen.

1 comments

If the goal is to thaw the housing market and job market, then lower interest rates is basically the only lever.

If your goal is to not to have a frozen market in the future, then you can do what you said.

Depends on what goal you want to achieve.

Lowering interest rates will push house prices up even further and stoke inflation.