23 Mar 2023 1:31 pm
You're full of **** as usual both the balances and the rates are historical highs since the mid 80's, when the data started being compiled.Xavier_Onassis » 23 Mar 2023, 11:04 am » wrote: ↑ The interest on my credit card, which I pay off every month and which pays me 2%, has been over 20% for the eight years I have had it.
The only way to bring down inflation is to raise the interest rates. And the Fed under Yellen is doing a much better job of this than anyone did when the Reagan administration tried the same thing.
You are an ignorant reptile and know nothing of economics.