21 sats \ 1 reply \ @Undisciplined OP 21 Aug \ parent \ on: Donald Trump Does Not Know the "Correct" Interest Rate econ
Wasn't there some scandal surrounding Libor back during the Great Recession?
I suppose I could look it up, but I probably won't.
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0 sats \ 0 replies \ @Bell_curve 22 Aug
2007 and 2008 and 2022 IIRC
Libor is 'scandalous' because sometimes their rates differ from the Federal Funds rate.
edit: https://www.investopedia.com/terms/l/libor.asp#toc-libor-rate-rigging-scandal
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