Replies

To: the invisib1e hand

giving away money and no-one’s qualified to borrow it.

Bingo. Interest rates are soo low.....but banks won’t let go of the $$ for fear of losing it.

10 posted on 02/29/2008 3:35:59 PM PST by rbg81 (DRAIN THE SWAMP!!)

To: rbg81

paging Paul Volcker.

11 posted on 02/29/2008 3:37:04 PM PST by the invisib1e hand (the model prescribes the required behavior. disincentives ensure compliance.)

To: rbg81

Oh but the next rate cut to 1.0% will kiss and make it all better. I mean, the current borrowing rate of 3.0% is just so punitive. /sarc

63 posted on 02/29/2008 10:18:10 PM PST by Freedom_Is_Not_Free

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