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I am old enough (i.e. > 2 years) to remember when politicians were complaining that rates were too low and pledged to increase them to make things great again, in stark contrast to now where they are all but promising to slash rates to make things great again.

Lest we forget that actually they have nothing at all to do with the government on your tv screens every day; and in all likelihood cutting rates is a sign of bad things in the economy and hiking rates is a sign the economy running a bit too hot.




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