I'm confused :) Because if you were correct than why is it that the FED cut intrest rates by 0.5%, yet the US dollar is now worth 0.98 Canadian dollars. Where as before it used to be worth something like $1.27 Canadian dollars.
ugh.. you gotta be kidding me. if there is more money in circulation then that means the dollar is more worthless. when they lower interest rates that means they are printing out more money. thats their way of getting more money out to the people. think about it like this.... if there is 1 babe ruth baseball card it is worth more then if there was 6 million of that same card....
to give the economy a stimulus they want to put more money in circulation.... really one of the stupidest things that i have ever heard. i think the fed is dumb in general a whole system based around debt. not very smart....
We lost the war ... its time to fight now that we see the reality of things, thanks
NoticeOfDefault 3 years ago
thanks dude... that answered my question
sample45 4 years ago
I'm confused :) Because if you were correct than why is it that the FED cut intrest rates by 0.5%, yet the US dollar is now worth 0.98 Canadian dollars. Where as before it used to be worth something like $1.27 Canadian dollars.
evgenykravchenko 4 years ago
when you cut rates, inflation sets in. Also, the chinks are through buying our debt. That makes our money less valuable.
DoctorJohnJGibbons 4 years ago
ugh.. you gotta be kidding me. if there is more money in circulation then that means the dollar is more worthless. when they lower interest rates that means they are printing out more money. thats their way of getting more money out to the people. think about it like this.... if there is 1 babe ruth baseball card it is worth more then if there was 6 million of that same card....
aestheticpikachu 3 years ago
you are so smart.
mde2004 4 years ago
Well the dollar is really weak right now, so why aren't interest rates even higher??
papatoony 4 years ago
to give the economy a stimulus they want to put more money in circulation.... really one of the stupidest things that i have ever heard. i think the fed is dumb in general a whole system based around debt. not very smart....
aestheticpikachu 3 years ago
Watch for a FED intrest rate cut this summer...
Nu7bsRD9 4 years ago
Good call.......
guslingus 4 years ago