To: savedbygrace
Negative interest rates? Has that ever happened? How would that work? Inflation. But that won't happen. Bernanke said long ago he would manipulate longer terms rates down once short term got to zero. It's a mistake, especially now, but that's what he said he would do.
19 posted on
10/08/2008 5:02:21 AM PDT by
palmer
(Some third party malcontents don't like Palin because she is a true conservative)
To: palmer
But that won't happen. Bernanke said long ago he would manipulate longer terms rates down once short term got to zero.Yes, to fight deflation, that's what he'd do.
Glad you finally got that straight.
43 posted on
10/08/2008 6:47:17 AM PDT by
Toddsterpatriot
(Do you remember when blue was a feeling, gray was a word and one was a number...)
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