Interesting rates

Economists say lower interest rates encourage spending. So, I tried it at home. I told my spouse: 'Honey, I've cut the household interest rate to zero. Please spend more.'

She bought a new sofa, a fridge and a holiday package.

I panicked. 'Wait, I didn't mean that much spending!'


She replied: You should've raised rates if you wanted discipline.

Now I'm sleeping on the new sofa, which ironically cost me more than the old bed.

Transmission Woes

A central banker walks into a bar and announces, 'Ladies and gentlemen, I've cut interest rates again!'

The bartender replies, 'That's great, but your tab is still outstanding.'

Banker: No, you don't understand. Cheap credit means I can borrow more to pay you later.

Bartender: So, you're telling me I should lend you money to pay me back for the money you already owe me?

Banker: Exactly. It's called monetary transmission. Very efficient.

Bartender: Transmission? Sounds more like you're driving a car downhill with no brakes.