Fox McCloud
Member
- Joined
- Oct 27, 2007
- Messages
- 4,726
http://www.msnbc.msn.com/id/24385539
Well, it certainly looks as though we're heading for the "march towards 0"; we're at the all-time low of 2% (last time it was this low was in 2004). Hey, maybe if things continue to worsen, we'll hit 1% like we did back in 2003...then, why stop there? We could do what Japan did and lower the interest rates to 0%...free money! YAY!
The Fed just doesn't get it; they're going to blow the dollar and the economy simultaneously...of course, this could be by design.
Rumors are also circulating that the EU Central Bank is thinking about possibly breaking the law (it's illegal for them to not keep inflation in check) and inflating their currency to creates booms in their country, and to compensate on our advantage right now.
If they do decide to do that, it could be very dangerous; if we go down, we could take Japan, the EU, Canada, Mexico, and a number of others down with us....though, I wouldn't doubt that's the very plan.
Well, it certainly looks as though we're heading for the "march towards 0"; we're at the all-time low of 2% (last time it was this low was in 2004). Hey, maybe if things continue to worsen, we'll hit 1% like we did back in 2003...then, why stop there? We could do what Japan did and lower the interest rates to 0%...free money! YAY!
The Fed just doesn't get it; they're going to blow the dollar and the economy simultaneously...of course, this could be by design.
Rumors are also circulating that the EU Central Bank is thinking about possibly breaking the law (it's illegal for them to not keep inflation in check) and inflating their currency to creates booms in their country, and to compensate on our advantage right now.
If they do decide to do that, it could be very dangerous; if we go down, we could take Japan, the EU, Canada, Mexico, and a number of others down with us....though, I wouldn't doubt that's the very plan.
