Isn't this only going to make the dollar weaker?
2007-12-09 11:23:59 · 6 answers · asked by Fedup Veteran 6 in Politics & Government ➔ Politics
In our screwed up financial system, It wouldn't hurt anything.
2007-12-09 11:52:55 · answer #1 · answered by Anonymous · 3⤊ 0⤋
It's interesting that the Japaanese have a rate of like 1.5% and you would think you could borrow a billion and put in the bank here and live off the interest. Sure will not make more people by into it as I see it and not sure why they did it. In the old days when I played the currencies when we dropped the dollar got stronger, so I am confused right now. Sorry but I have not followed it for a year, only the yen against oil, as it was highly effects and could be predicted to within a week of moves, guess yo can do that with all. take care. What was the score on Pitt?
2007-12-09 11:42:45 · answer #2 · answered by R J 7 · 1⤊ 0⤋
It may provide a little relief for the home owners that have questionable loans and the housing industry. It also generally causes a boost in the stock market.
2007-12-09 11:31:53 · answer #3 · answered by Eyeswideopen 6 · 1⤊ 1⤋
It is not only a good idea to lower interest rates it is a GREAT idea!
2007-12-09 11:29:20 · answer #4 · answered by Anonymous · 1⤊ 2⤋
I don't think it is a good idea.
2007-12-09 23:24:07 · answer #5 · answered by Avner Eliyahu R 6 · 1⤊ 1⤋
it his election time you know?
2007-12-09 11:29:19 · answer #6 · answered by Anonymous · 0⤊ 0⤋