POLITICAL PARTY POOPER

WE WON'T BE SAFE WHILE POLITICAL PARTIES ARE LEGAL

ANOTHER RATE CUT?

Posted by politicalpartypooper on October 8, 2008

There is a nasty rumor that the Fed is about to lower the rate it uses to loan money to banks.  Does the Fed know how to do anything but cut interest rates?  Seriously, why is this latest rate cut supposed to save the economy?  What incentive do investors have to buy treasuries or money market vehicles with ever-dwindling interest rates.

Note to Politicians and the Fed:  Maybe try raising interest rates?

Why should I buy your paper when you keep telling me not to by lowering rates?  If you want more money in the credit sectors, give investors a reason to give it to you.

Advertisements

One Response to “ANOTHER RATE CUT?”

  1. […] Read the rest of this great post here […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: