Rate cuts won’t change a thing at this point.
That’s why they added 15 yr auto and 50 yr home loans. (😳)
The combination of the two *may* give a short term boost to the economy.
But is far more likely to prolong and exacerbate the American/Western condition
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Exactly. Traditional finance hacks like ultra-long loans only kick the can down the road. #Bitcoin doesn’t need rate cuts or gimmicks, it’s the anti-inflation hedge that grows stronger while the system decays.
fifteen year auto loans?? First Im hearing of this. yeesh
Apologies, the car loan was just a rumor aparently but I don’t doubt it after proposing 50 yr mortgages.
It bakes in the current high asset valuations, preventing the natural, necessary market correction. It means younger generations will inherit a structurally higher cost of living.
The total interest paid skyrockets, meaning the borrower is solvent but becomes a debt slave for a longer period.