Comments by "Louis Giokas" (@louisgiokas2206) on "Emily Compagno: Biden has 'buyer's remorse' over Kamala" video.

  1. What is this crap about spiking interest rates like we've never seen before? Is Dagen so uninformed as to believe this? I am getting tired of all these superlatives which have no basis. Heck, you can look up the official numbers online. It is easy. I happened to live through it. Don't these people have producers that can help? Talk about low information commentators. The Federal Funds rate in the early 1980s peaked at 19.08%. The Federal Funds rate today is 4.58%. Many financial analysts believe that the rate should be higher than the rate of inflation to curb inflation. The current rate is about 6%. That indicates that, according to those analysts, the Federal Funds rate needs to rise by another 1.5%, at least. You are still at a third of the actual peak.
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