interest rates cut to save the economy

[Markass]

questions:

deflation is really bad if it's coupled with a depression, no?

if the fed is dramatically increasing the money supply, why isn't inflation rising?

is $10 trillion in spending over 2008 - 2009 possible? do you think his projection that $10 trillion will be needed to avoid a depression is accurate? with that kind of spending, obama might double the national debt

inflation will rise, it's not something that's going to happen overnight but it's going to happen...


what bugs me about this is what if this doesn't 'save' the economy?? What's next? Zero Percent? What if that doesn't do it..

Markass Reviewed by Markass on 12-17-2008. interest rates cut to save the economy Fed cuts interest rate by 0.75 points Last Updated: Tuesday, December 16, 2008 CBC News The U.S. Federal Reserve has cut the country's short-term interest rate by three-quarters of a percentage point to a target range of zero to 0.25 per cent. That is the lowest level on record for the United States. In announcing the cut Tuesday, the Fed said U.S. labour and market conditions, consumer spending, business investment and industrial production are all falling. Rating: 5