Quote:
Originally Posted by UniversalPassLorence
 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? |
I think that Ben Bernanke knows alot more about this than you do.