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   talk.atheism      Debate about the validity and nature of      89,766 messages   

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   Message 89,161 of 89,766   
   Don Kresch to All   
   Re: Bring Credit Card Interest Rates Dow   
   01 Oct 20 20:01:59   
   
   XPost: alt.politics.usa.congress, alt.atheism, talk.politics.misc   
   XPost: alt.politics.usa.democrats, alt.politics.usa.republicans   
   From: noway@nospam.com   
      
   On Thu, 1 Oct 2020 11:16:19 -0700, Intelligent Party   
    scrawled in blood:   
      
   >Bring credit card interest rates down to stimulate the economy...   
   >   
   >Make the max credit card interest rate  "Prime + 5% "   
   >   
   >This would presently be 3% (Prime) + 5% = 8%   
   >   
   >The Prime rate presently is 5%, which equals the Federal Funds rate + 3%   
   >   
   >The Federal Funds rate presently is 0%   
   >   
   >   
      
   	Let me introduce you to Austrian Business Cycle Theory:   
      
   	https://en.wikipedia.org/wiki/Austrian_business_cycle_theory   
      
   Don   
   aa#51   
   o- DNRC   
   Jedi Slackmaster   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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