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Buckeye
03-16-2012, 05:36 PM
Good news, they are threatening to raise them!!! The higher the better. Go ahead,
Save our Country.
Overlay
03-16-2012, 08:56 PM
Yes, but how is that related to handicapping?
Shemp Howard
03-16-2012, 09:19 PM
Good news, they are threatening to raise them!!! The higher the better. Go ahead,
Save our Country.

Do you have any idea what Owe-Bama's deficit will be if interest rates go up 100 basis points across the board?
Robert Fischer
03-16-2012, 10:01 PM
Yes, but how is that related to handicapping?

pretty sure this is related to yesterday's 6th @ Aqueduct
Jeff P
03-16-2012, 10:12 PM
My own rate of interest in Cal Racing has dried up considerably since the TOC and CHRB decided to lower exotics payouts to bettors.

-jp

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Robert Goren
03-17-2012, 06:10 AM
Good news, they are threatening to raise them!!! The higher the better. Go ahead,
Save our Country.One board member of the Fed said that they might think about raising them at the end of 2013. People get in an uproar. The Fed chairman had previous stated that they were going keep interest rates low until the end of 2013. It is all in the way they phrase it. Low interest rates are suppose to to stimulate the ecomony and high interest rates are suppose to slow inflation. You can debate til the cows come home whether it really works that way in the real world, but that is current thinking of the Fed and it has been that way since Reagan was president and Volcker was Fed chairman.
Buckeye
03-18-2012, 04:59 PM
Price matters but so does availability. It makes no sense to say prices are low but nobody can actually buy. Maybe they're saying, we won't lend to YOU at all!!! Ok, but don't tell me the rate is Zero. There is a lot of bad dept out there.
Rise Over Run
03-18-2012, 09:27 PM
pretty sure this is related to yesterday's 6th @ Aqueduct
The Fed Eased... Good one!
badcompany
03-19-2012, 12:53 AM
Low interest rates are suppose to to stimulate the ecomony and high interest rates are suppose to slow inflation.

Either way it creates market distortions. In a free market, Interest rates serve a purpose, to show the demand and supply of money, and to signal to entrepreneurs which types of projects are more likely to be profitable.

However, when you have a fed continuously monkeying around with rate you get things like a massive housing bubble in a country that had a zero percent savings rate.