US cuts interest rates after global market drop - 22 Jan 08

While looking for sites about interest rate I found your site on US cuts interest rates after global market drop - 22 Jan 08.

No, they're not the same.

bythewayof10
I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-u

There is a problem. If you have studied Economics, you would already know that banks DO issue currency electronically through deposits and the money multiplier effect. Banks have control on the money supply

homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.


Thomas Jefferson

Every time the central bank loans money we don't have backed in gold they doing exactly what our founding father warned us not to let them do and its outcome is becoming more reality today.

V.

AMEN BROTHER! RON PAUL 4 PREZ!

Funny, people used to think Columbus was crazy for saying world was round. Who found our country again?

taxpayer money is the only thing holding this rotten market afloat, and thats not even doing too good of a job. once again the big investors (hedge funds, investment banks) get to run rampant in the market with no SEC oversight and the taxpayer picks up the burden when they bail out of the disaster they have arranged.

its a totalitarian economy where people are accountable to their economic masters, who dictate quality of life with concentrations of capital. in this economy, economic growth means nothing more than higher returns for high capital. living standards have been decreasing in the US, while the euphoric "economic growth" was happening under bush; now we get to see that even this "growth" was nothing but fraud to service high capital.

time to pay the piper. i guess with the money the govt. is going to send us. we're down to desperation tactics now. too bad the people that didn't vote us into this mess have to suffer along with the idiots that did.

Obviously recession will return, in stronger force (as it always does, each time) if we don't make some serious changes in the way we stimulate our economy. Obviously investing in the numbers isn't working, and treating workers like shit and paying them crap isn't working either. Because then they need loans and credit and get in debt, and it all goes down.