[jasonraymondson]

Since they continually cut the rate it seems now every month, what amount do you think they will cut it this time?

I am thinking that 25 isn't working that they might go 50 this time

[pup55]

It's going to be 50, and that's not going to work either.

At some point, the money will see this for what it is, a frantic attempt to keep things running until November 2008.

[bonehead]

If another rate cut further weakens the dollar,then it's completely nuts to lower rates.Everyone here knows what will happen to the price of crude and how inflationary that is.They should stay put or raise rates slightly or have an even bigger problem down the road with inflation.That said,will they lower rates?Probably.

[Tyler_JC]

Lowering rates by 25 basis points is a bad idea but if they go no further than that point, it will be survivable.

Lowering rates by 50 basis points with a possibility of further cuts? Absolute disaster.

Re-inflating the housing bubble is going to cause the consumer price index to skyrocket upward.

A 50BP cut could not be hidden by government bullsh*t math. We would see it at the grocery stores, gas stations, Wal*Marts, and in the dollar index.

[roccman]

$this->bbcode_second_pass_quote('Tyler_JC', '
')
Re-inflating the housing bubble is going to cause the consumer price index to skyrocket upward.

[emersonbiggins]

$this->bbcode_second_pass_quote('Tyler_JC', '
')A 50BP cut could not be hidden by government bullsh*t math. We would see it at the grocery stores, gas stations, Wal*Marts, and in the dollar index.

[jasonraymondson]

Thanks for the input, that is kind of what I was thinking as well.

Why the hell did we ever let this world get to condition it is in. Why the hell are we the people so fucking blind, lazy, and stupid that we would allow fuckers like those in the fed and the whitehouse sell us down the toilet?

Makes me fucking sick sometimes to call myself an american.

[FoxV]

$this->bbcode_second_pass_quote('jasonraymondson', 'M')akes me fucking sick sometimes to call myself an american.

[Ferretlover]

HHHmmm...
If we look at this objectively:
Why would the government Want to destroy the value of the dollar?
What plan would make this a necessary step?

[gnm]

$this->bbcode_second_pass_quote('Tyler_JC', 'R')e-inflating the housing bubble is going to cause the consumer price index to skyrocket upward.

A 50BP cut could not be hidden by government bullsh*t math. We would see it at the grocery stores, gas stations, Wal*Marts, and in the dollar index.

[gnm]

$this->bbcode_second_pass_quote('Ferretlover', 'W')hy would the government Want to destroy the value of the dollar?

[jasonraymondson]

$this->bbcode_second_pass_quote('gnm', '')$this->bbcode_second_pass_quote('Ferretlover', 'W')hy would the government Want to destroy the value of the dollar?

[FoxV]

$this->bbcode_second_pass_quote('Ferretlover', 'W')hy would the government Want to destroy the value of the dollar?

[smiley]

$this->bbcode_second_pass_quote('', 'S')orry, I had a Mogambo inflation panic moment (MIPM)...

[FoxV]

btw, yield curve is inverted so a 0.25% rate cut is now guaranteed. And with the way LIBOR is going, a 0.50% is becoming more likely on a daily basis.

The FED is a bank. It works for the banks and will do what it can to save the banks. You, I, and the President down the street, we're just the pawns used to justify their existance

[kadoomsoon]

$this->bbcode_second_pass_quote('Ferretlover', ' ')
Why would the government Want to destroy the value of the dollar?