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Old 11-13-2007, 06:10 PM
DcifrThs DcifrThs is offline
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Join Date: Aug 2003
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Default Re: When we lower interest rates

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this sounds like some typical drivel regurgitated from ACists or something (or austrians or whatever group is always commenting on the demise of the dollar).


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this made me chuckle.. watch out though... I'm pretty sure Borodog searches for the word Austrian and will come here calling it semantics that it's "released" money and not "printed" money or something similar

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well he'd be correct, but i get the feeling that many people who don't know what really happens in the economy literally think that when somebody says "hey the fed is printing money" that they are litereally sitting there with a printing press.

of course the fed is in the end responsible for the whole kit'n'kaboodle in one way or another but the distinction is nonethelessimportant.

Barron
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