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Fed Cuts rate again

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Fed Cuts rate again

Unread postby jasonraymondson » Wed 30 Apr 2008, 15:24:25

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Re: Fed Cuts rate again

Unread postby Kylon » Wed 30 Apr 2008, 16:05:25

That's insane.

How low can they push it before all foreign holders pull out?

The rest of the world is subsidizing our lifestyle, if they push it too low then the economy may completely collapse.

What the economy needs isn't more money, but rather proper allocation of the money(and resources) that it has.

If the government would step up it's mining of coal, and coal power production while constructing the appartus for mass production of nuclear power plants for nuclear power, then the energy cost would go down, decreasing cost to manufacture all of the goods, as well as the shipping cost.

It would also create a HUGE number of jobs in the construction industry, the energy industry, and in the government(bureacratic jobs, security jobs, ect...).

Clinton had it right, the way you keep a good economy is you make sure everyone has jobs.
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Re: Fed Cuts rate again

Unread postby emersonbiggins » Wed 30 Apr 2008, 17:36:49

No surprises here. Monetization of debt is well underway.

25bp wasn't even good for a bump on Wall Street today! :o
"It's called the American Dream because you'd have to be asleep to believe it."

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