Graham Stephan: Interest rates — not judged: the rule reads only US national figures

The window it was checked over

Federal funds target range, upper limit: Federal Reserve Board via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

What was said around it

markets and forcing authorities to Corral Banks and developers to Defuse The unrest The Flash forward to more recently ever Grant filed for bankruptcy and today an even larger property developer Country Garden is also facing similar concerns while it was warned that they may also default in their debts which is as high as 230 billion dollars across nearly 1 million unfinished apartments and yes that's billion with the B's and be sure to hit the like button and subscribe if you haven't done that already anyway in response to this China began lowering their interest rates as a way to help spark economic growth but just like the previous situations before us it's often too little too late with more than 50 developers having already fallen behind leading to yet another economic disaster which is deflation for those unaware deflation is practically the opposite of inflation where instead of prices rising they're falling and even though this sounds like it could be a good thing it's not see when prices come down it's a sign of less demand and when your money becomes more valuable the longer you hold on to it the less likely you are to spend it which causes prices to fall even further and starts

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