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Economists are idiots.

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  • ALLFARMER
    Senior Member
    • Sep 2002
    • 1640

    #21
    Larry Kudlow's take is interest rates will never go back up.

    True he has some wacky ideas but he also is no dummy.

    What 6 or 7 years rates have been at bottom now? How many news articles have been written over that period that rates are going back up soon....soon....soo ...soon

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    • Hopperbin
      Senior Member
      • Dec 2007
      • 6562

      #22
      If rates go up what will happen. What will happen to our farms? If in debt we can cut completely back on new machinery in an instant. Stop buying land. Pay ourselves less. I am floating what are others doing? Actually today even if we have 1.2.3.5 year loans they can all be bought out for 0 if interrest is lower. That said. How can interrest go up?

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      • JDGreen
        Senior Member
        • Jan 2008
        • 865

        #23
        Floating hopper.. And I also don't understand how interest rates can go up.. Every average smuck with a job, couple vehicles, mortgaged home, and a couple credit cards are in mucho trouble with even a 3-4% rise.. the average smuck is the majority..

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        • BTO_farmalll
          Senior Member
          • Mar 2014
          • 558

          #24
          Guys Its Really Simple,

          The Governments Of The World Just Simply Would Not Be Able To Service The Debt Any Longer With an Interest Rate Hike, None of Them Can!!!!!! Interest Rate Hikes Are a Myth, n' Nothing More!!!!!! We Already At The End Game Folks, Its Just How Much Longer We Wanna Continue Kicking The Can Down The Road!!!!!!! And This Was Always The Intent, We Didnt End up Here By Accident!!!!!!! Yall Gunna Wake up One Moring on The Shores Our Fore Fathers Conquered To a Suit Banging At Yer Door!!!!!!!!

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