Quote:
Originally Posted by Cash
It's because the FED lowered the interest rate to almost 0.
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I agree, but also think folks are anticipating inflation (i.e., more dollars chasing the same goods and services) due to the present AND expected FUTURE infusion-and-printing of dollars into the system to get the economy off of life support.
Who would want future dollars that won't buy what they did two weeks ago, or today?!!!