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I'm old enough to remember people complaining about low interest rates because old people couldn't make income on savings accounts.

I am not convinced its all due to growth. Labor mkt was better in 22/23/24 (Jobs per unemployed American) NGDP was stronger in 22 & real GDP growth was better in 23/24

Trump believes that high rates are bad because for his entire life he's been a borrower - probably because he considers it 'smart' to take other people's money. It is always about him personally.

Dude doesn’t understand the difference between managing a business and managing an economy

interest rates are like golf, George. lower is better. and sometimes you expect the caddy you appointed to cheat for you.

I remember when people claimed that the fed hiking from zero would mean that grocery stores wouldn't have any food

Yeah I mean higher rates can be bad for *some specific people* without being bad *in general* and that's obviously true!

Historically, these are not even that high of rates!

💯 BINGO!!

Vibecession folks losing their mind over 30 year mortgage rates lower than the historic median.

Wasn’t that the plot of Home Alone 2?