Robonsnest wrote on May 30th, 2013, 3:51 pm:
Eagle One,You also stated the Federal Reserve increased interest rates. Just last week Bernanke warned that increasing rates to soon before the economy got better would be damaging. Heres the link;
Any clarification would be helpful. My loans depend on it. Thank you God Bless
Eagle1: Good Afternoon: I actually watched Bernanke's speech when he said this. That speech did not take into account the GCR,(Global Currency Reset) and the hit to the USD.
Interest rates that already exist won't likely be touched. It would require a re-write of loans, mortgages, credit card agreements, etc. This would have to apply to new loans or extended credit arrangements beyond existing time lines.
Hope that helps you. Blessings on you.