Subject: Re: OT Fed/Macro/Rates
" Americans have become CREDITORS who make MORE money from higher rates."

Some have, but your link says this:

https://www.marketwatch.com/gu...

Americans Are Carrying Record Household Debt into 2024
U.S. household debt grew by $800 million from 2022 to 2023, including a 16.6% growth in credit card debt.

While the new year marks a time for new beginnings and a fresh start, millions of Americans entered 2024 with more debt and less to put in their checking and savings accounts. At the start of the year, U.S. household debt reached a record high of $17.3 trillion, according to data from the Federal Reserve Bank of New York (NYFRB).

I'm personally enjoying these higher rates, and also through Berkshire.

Looks like a lot of Americans aren't enjoying them so much.