Jay Dwivedi argues that in order to avoid a recession in 2008, the Fed must act now and cut interest rates immediately rather than wait for its scheduled meeting.
Ok..so you wanna kill the dollar? The US economy needs the recession, to get back to normal prices. Lowering interest rates, is the worst thing you can do! By lowering the interest rates, they only try,to postpone it to after the election.. And this will make it worse! There is to much kredit, to many dollars, to much inflation and to much consumption on non productive,imported stuff. Realise it; America is broke..and by cutting interest rates you may get hyper inflation! Bon Appetite!
Ok..so you wanna kill the dollar? The US economy needs the recession, to get back to normal prices. Lowering interest rates, is the worst thing you can do! By lowering the interest rates, they only try,to postpone it to after the election.. And this will make it worse! There is to much kredit, to many dollars, to much inflation and to much consumption on non productive,imported stuff. Realise it; America is broke..and by cutting interest rates you may get hyper inflation! Bon Appetite!
arnejess 4 years ago