They flooded liquidity in the marketplace but the mortgage rate is based much more on expectations of inflation. So if the average investor believes that there is inflation coming, they'll move that rate up.
quote by Franklin Raines
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Related quotes
Our tree is actually a tree of the short-term interest rate. The average direction in which the short-term interest rate moves depends on the level of the rate. When the rate is very high, that direction is downward; when the rate is very low, it is upward.
Well, we're just now seeing the reductions in mortgage rates. The mortgage rates are based on the ten-year rate and the Fed controls the overnight or the shorter rates.
quote by Franklin Raines
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We don't have a major problem right now in our country, and life is normal. Things like unemployment, which the youth are suffering from, and the rate of inflation - these are chronic conditions and we have to solve them.
quote by Akbar Hashemi Rafsanjani
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Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the marketplace and out to the street - rates that individuals can get.
quote by Franklin Raines
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It was the biggest inflation and the most sustained inflation that the United States had ever had.
quote by Paul A. Volcker
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We have to keep our eye on inflation, but so far inflation remains reasonably in check on the global stage.
quote by John W. Snow
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When people begin anticipating inflation, it doesn't do you any good anymore, because any benefit of inflation comes from the fact that you do better than you thought you were going to do.
quote by Paul A. Volcker
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If unemployment could be brought down to say 2 percent at the cost of an assured steady rate of inflation of 10 percent per year, or even 20 percent, this would be a good bargain.
quote by William Vickrey
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Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today.
quote by Martin Feldstein
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We pay some price when necessary to bring down inflation but that price is temporary and is not large relative to the permanent gain from reduced inflation.
quote by Martin Feldstein
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You could not buy a house in those days without just assuming that the house was not only a place to live, but it was a good investment, because it was going to keep up with inflation or get ahead of inflation, and it was just - that was America.
quote by Paul A. Volcker
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Well, our economy is very strong and growing. We have created 5.4 million new jobs in the last 3 years. Our unemployment rate is better than the average unemployment rate of the 1960s, 1970s, 1980s, and 1990s.
quote by Ric Keller
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And so our goal on health care is, if we can get, instead of health care costs going up 6 percent a year, it's going up at the level of inflation, maybe just slightly above inflation, we've made huge progress. And by the way, that is the single most important thing we could do in terms of reducing our deficit. That's why we did it.
quote by Barack Obama
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I continue to believe that the American people have a love-hate relationship with inflation. They hate inflation but love everything that causes it.
quote by William E. Simon
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With 'Presumptions' Used
One's enjoyment to do what one does,
May be easy for others to critique...
As if this authority to do this,
Had to them been given using limited skills...
Believed by them to be an appropriate 'technique'.
And how that is done,
From a point of view to rate the unknown...
Should be a blaffling position to take.
By anyone who does not initiate,
What is felt to be created within someone else.
But...
To rate one does by another to do,
And is based upon their preferences pursued.
With 'presumptions' used as the best approach,
To get the soaking up of their unsolicited attention given.
poem by Lawrence S. Pertillar
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The Cost Of Living
The cost of living is the price we pay
for all those things we need each day
and when calculated over a period of time
works out to a figure that’s likely to climb.
And if our wants go far beyond our needs
we have to get paid well then for our deeds.
But if what we earn can’t match that pace
we’ll have to slow down and not lose face.
Or perhaps consider some additional means
to support what we take on as our routines.
When our lifestyle doesn’t make a hole in our pocket
and the cost of living where we are doesn’t skyrocket
then the rate of inflation there is said to be low
so we can afford to buy those things we know.
----------
poem by George Krokos
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What It Has Taken
I am going to do the best I can,
With what I've got.
Rate it, deflate it
Do whatever it is with it you wish.
Since I'm the only one
Who knows what it has taken,
To pull myself together.
With a cementing done of loose pieces,
Now that strongly in a oneness fit.
Based upon determination,
And making up my own mind.
To get up the nerve,
To get off my butt and do it.
Rate it, deflate it
Do whatever it is with it you wish.
Nothing at this stage of the game,
Will introduce an obstacle.
I will dare to face and do it quick.
I am the only one who knows,
What it has taken
To get off my butt to do it!
With a disregarding of all kinds of ailments.
Or who believed or thought what,
With a speaking of it to exchange idle gossip.
That assisted my motivation to persevere,
And persist regardless of opposition quipped.
Turn up the heat I want to dance and move my feet.
Oh yeah!
poem by Lawrence S. Pertillar
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Average Guy
I aint no christian or no born again saint
I aint no cowboy or marxist d.a.
I aint no criminal or reverend cripple from the right
I am just your average guy, trying to do whats right
Im just your average guy
An average guy
I am just your average guy
Im just an average guy
Average guy, Im just your average guy
Im average looking and Im average inside
Im an average lover and I live in an average place
You wouldnt know me if you met me face to face
Im just your average guy
Average guy
Average guy
Im just an average guy
I worry about money and taxes and such
I worry that my livers big and it hurts to the touch
I worry about my health and bowels
And the crime waves in the street
Im really just your average guy
Trying to stand on his own two feet
Im just your average guy
Im just your average guy
Im just your average guy
Average guy
Average looks, average taste
Average height, an average waist
Average in everything I do
My temperature is 98.2
Im just your average guy
An average guy
Average guy
Im just an average guy
Average guy
Im just your average guy
Im just your average guy
Im just your average guy
Average
song performed by by Lou Reed
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There is more credit and satisfaction in being a first-rate truck driver than a tenth-rate executive.
quote by B.C. Forbes
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If you want to increase your success rate, double your failure rate.
quote by Thomas John Watson, Sr.
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