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Mortage rates going down. a new form of helicopter money.

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  • Mortage rates going down. a new form of helicopter money.

    We all know that a government can keep a sagging economic balloon up - by printing money and forcing it into the economy (via road cones ( public works)).

    But have we ever seen the Banks trying to pump up their economy?
    Trying to stimulate the housing market by pumping in cash by lowering interest rates?

    I'm not sure they can get away with it.

  • #2
    What is the issue? All they're doing is managing their margins. Higher volume on lower margin is one way to drive profits.

    Over the past 18 months they've driven rates higher as they cut their lending to maintain their profits...

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