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To: kellynla

So what is going to happen when we get to 0.00% interest rate????


10 posted on 04/08/2008 11:38:55 AM PDT by acoulterfan
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To: acoulterfan
So what is going to happen when we get to 0.00% interest rate????

October 2011: "Financial stocks led the stock market sharply higher today after the Federal Reserve unexpectedly cut its benchmark rate by fifty basis points, to negative fifteen percent. At its peak following the announcement, the Dow Jones Industrial Average was up more than 100 points. However, the rally was short-lived, and stocks ended the day where they started. The Dow Jones Industrial Average gained two points to close at fifteen."

31 posted on 04/08/2008 12:27:58 PM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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To: acoulterfan

0.00% Interest rate - does that mean the NAV on my bond fund will go approach infinity?


38 posted on 04/08/2008 12:43:23 PM PDT by OrioleFan (Republicans believe every day is July 4th, but DemocRATs believe every day is April 15th. - Reagan)
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To: acoulterfan
So what is going to happen when we get to 0.00% interest rate????

Same thing they have been doing print more money, that is not worth paying interest on.

42 posted on 04/08/2008 12:47:38 PM PDT by org.whodat (What's the difference between a Democrat and a republican????)
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To: acoulterfan
So what is going to happen when we get to 0.00% interest rate????

Just ask Japan...

71 posted on 04/08/2008 3:50:07 PM PDT by TheBattman (LORD God, please give us a Christian Patriot with a backbone for President in 08, Amen.)
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To: acoulterfan
So what is going to happen when we get to 0.00% interest rate????

Then the banks will only charge you 4% and the credit card companies only 28%.

110 posted on 04/28/2008 11:19:37 PM PDT by Right Wing Assault ("..this administration is planning a 'Right Wing Assault' on values and ideals.." - John Kerry)
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