![]() It’s not unusual as of late for the Fed’s monetary policies to create asset bubbles, punish prudent savers and in many cases encourage reckless investment behavior. 5%….this BS forces people who wouldn’t ordinarily expose themselves to riskier equites to pile into equities and then we get the asset bubbles in the markets too. You can also ask for help from the officials of your. And in 2009, as foreclosure rates rose again, six-month CD rates fell to 0.87%-the lowest rate seen in over five decades.Dec 8, 2022Ī person’s money should never be earning less than 3-4% in an interest bearing account….the Federal Reserve’s nonsensical policies are why we’re once again facing another financial meltdown and it begins when the interest earned on the money saved by hard working people is. For questions, clarifications, and assistance, please contact your Program Heads/College Deans. ![]() But when the Great Recession began in 2008, rates fell to 3.14%. What were CD rates in 2006? CD Rates in the 2000s Rates rebounded in 2005, and from 2006 through 2007 consumers enjoyed rates around 5.20% on six-month CDs. Use FCCswap site and add random people, delete super-active people. I’m 64, I was around 50 when the Fed rolled out ZIRP/QE/TARP and many of the older folks I knew back then were pissed off they couldn’t make 4% on any type of interest bearing account……here’s a reminder of what retirees looking for lower risk interest bearing investments faced after the financial meltdown of 2007-2009. The key to finishing this is robbing friends who are inactive to still get 2x rewards without fear of retaliation and noobs who keep a lot of coins in their piggy banks or active balance (which is where the huge paydays from 3x Train cards come from).
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