Now the word is that zero-percent interest rates are just too darn high. That's why we haven't seen a reinflation of bubble America. The Financial Times reports the existence of a Federal Reserve staff memorandum that makes the case for a negative-five-percent federal-funds rate.
The government and Fed are vigorously trying to reinflate those bubbles
Oh yes you can!!!
The brilliant president, his brilliant advisors, his brilliant congress, and his brilliant constituents have proven it!!! Figures dont’t lie! Just look at the statistics!!
/S/
IMHO
Nonsense, the financial sector-banks, Wall Street-actually believed that they could engender prosperity by moving their pieces of paper from place to place-they can’t. You have to make something in order to be prosperous. We gave our prosperity away to China and India...in China sales of GM cars are up 62%. Why? They make products that people buy. The American people were sold a bill of goods by Wall Street-with the consumer, service or consumption economy-whatever you call it...it’s an abysmal failure. Until we find some way to bring back manufacturing, nothing will get better.
Will we be able to refinance our mortgages where the banks pay us 5% a year for 30 years?
Fed will soon announce they will pay your airfare to bring your own sack and pick it up.