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Old 02-24-2009, 12:01 PM   #239 (permalink)
dippin
Crazy, indeed
 
Location: the ether
Quote:
Originally Posted by aceventura3 View Post
Please let me know where you get 0%, nominal or real.

For most consumers, they pay over 7% for a 48 month car loan, over 11% for a 24 month personal credit card loan, and on average 13.36%.

http://online.wsj.com/public/resourc...nts/bbcncr.pdf
Well, we are not talking about consumers. We are talking about the interest rates the government is paying.

As a matter of monetary policy, the federal funds rate is between 0-0.25%
FRB: Monetary Policy, Open Market Operations

As a matter of borrowing from the private sector, yields for short term treasury bills are closing in on 0 fast

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