GoFuckYourself.com - Adult Webmaster Forum - View Single Post - U.S. Fed cuts the rate by .25 points

UniversalPassLorence · 12-11-2007, 12:17 PM

I think by cutting rates, it just prolongs the problem and eventually it will catch up 10 folds. By cutting rates, people/companies just borrow more money and spent more and get into a deeper hole, and inflation could increase. Borrowing has to slow down in my view to correct the problem.

What do you think?

12-11-2007, 12:17 PM
UniversalPassLorence Confirmed User Join Date: Dec 2004 Location: Califonia Posts: 3,721	U.S. Fed cuts the rate by .25 points - not good I think by cutting rates, it just prolongs the problem and eventually it will catch up 10 folds. By cutting rates, people/companies just borrow more money and spent more and get into a deeper hole, and inflation could increase. Borrowing has to slow down in my view to correct the problem. What do you think? __________________ $25.00 PPS for $1.00 Trial Making Webmasters Money Since 1997 ICQ: 305090349