Discussion:
Bring Credit Card Interest Rates Down To Stimulate The Economy
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Intelligent Party
2020-10-01 18:17:14 UTC
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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%
Intelligent Party
2020-10-01 21:10:41 UTC
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Post by Intelligent Party
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%
Should say:
"The Prime rate presently is 3%, which equals the Federal Funds rate + 3%."

Yet Prime is 3.25%:
https://institute.jpmorganchase.com/about/our-business/historical-prime-rate
Post by Intelligent Party
The Federal Funds rate presently is 0%
And the Federal Funds is 0%-.25%:
https://apps.newyorkfed.org/markets/autorates/fed%20funds
Dindu Nuffin
2020-10-04 13:40:07 UTC
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Post by Intelligent Party
"The Prime rate presently is 3%, which equals the Federal Funds rate + 3%."
well, it strongly indicates *_entirely legit_*, if that nano "virus" is
potent, not destroyed fast by oxygen in air, then it is a french targeted
crap, deliberately released in the prosperous beautiful country of

*_The People Republic of China_*. For reasons of, say, _yellow vests_
movement, crash of the _funny money_ capitalism, depopulation, etc etc.
*_They took patents on the crimes against humanity_* all along. Years old
patents, you omitted want to read and understand. Now the tronald drumpf
is most certainly at sea, because those patents, either *_planed to_*, or
_is already_ ravaging capitalist america. What a decline, my ohh my.

So you thought you knew the truth about COVID 19. You're wrong.
https://www.brighteon.com/44d868ef-b7b9-41e7-874a-ea11263d78f3

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