Repeating the same drivel every day doesn't add any more factual truth to it. Rate cuts destroy an economy? Go read a basic introduction to macro economics. It will help clean up some of the misconceptions in your head.Quote from kashirin:
Landis, you don't understand economy at all.
Rate cuts destroy economy. And moral hazard is devastating
current oil surge will wipe out at least 200 bln $ and more if oil continues to rise
It's $50 bln$ higher than proposed economy stimulus.
Nobody wants our dollars. Doesn't matter if credit is available - if it's in dollars noone will want it
And why Bernanke destroys US economy? Just to save his friends at Goldman