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To: Old Retired Army Guy
If they could take it down to 4-4.5% on a 30 year fixed, can you imagine how much money would begin to flow into the economy.

Lots. Right now that money is available, but being hoarded by fearful banks. Dump it into the economy, increase the velocity of money (because now everyone feels wonderful, the "good times" are back, etc.), and you've got a recipe for a vicious inflation.

28 posted on 12/16/2008 11:44:46 AM PST by Ancesthntr (An ex-citizen of the Frederation dedicated to stopping the Obamination from becoming President)
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To: Ancesthntr

Add the proposed stimulus packages that Barackula wishes to give to the American people. I see the writing on the wall, well now it’s more akin to a warning siren.


33 posted on 12/16/2008 11:47:25 AM PST by Xenophon450 ( The stain of freedom, he's washed it out... whoÂ’s rocking the cradle? I have no doubt...)
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