And so we have to be careful with looking at additional stimulus that we don't provoke an increase in the bond rate and then offset a lot of the stimulus we've already got. Franklin Raines additionalbondcareful Change image and share on social
Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the marketplace and out to the street - rates that individuals can get. Franklin Raines concernindividualinflation share on social
We are shrinking the size of the federal government as a percent of our economy from over 21 percent of the economy to 19 percent of the economy. At the same time, we're growing the private economy. Franklin Raines economyfederalgovernment Change image and share on social
If there's a severe recession, the automatic stabilizers will come into effect, and we will still try to reduce the structural deficit, but we will not try to keep cutting the budget so that we keep worsening a severe recession. Franklin Raines automaticbudgetcut share on social
And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms. Franklin Raines boomfanniehigh Change image and share on social
Well, I think the best form would be to put money directly in the pockets of consumers. Franklin Raines consumerdirectlyform Change image and share on social
And so the danger for the housing industry is if we see interest rates rise. Franklin Raines dangerhouseindustry Change image and share on social
That is - the reason for that is that home prices are only going to go up. Now, they've never gone down nationwide in our - since we've been keeping track of this. Franklin Raines havehomekeep Change image and share on social
I think if you go beyond a year - if this continues into the system in the out years, I think there is a risk and that - that we could have a negative reaction in the bond market and that will offset the good that was attempted to be done. Franklin Raines attemptbondcontinue share on social
