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12-16-2008, 09:15 PM #3
Senior Member
interest rates cut to save the economy
All these moves do is give the central banks an unbelievable amount of power to curb inflation. As the target approaches 0, and prices continue to fall (deflation), the next move is a massive spending spree.
John Browne
As Mr. Browne states around minute 3, spending might precipitate to $10 trillion before it is all said and done.
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