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Politics : Welcome to Slider's Dugout

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To: jim_p who wrote (4629)	2/28/2007 11:43:27 PM
From: surelockhomes	of 50452

Stumbled across this post today that kind of sums it up for me, but we'll see. >>So they'll "flood the market with liquidity" huh ... what are they going to do, take interest rates down to 1% USD and 0% JPY ? It's been done .... there is no wiggle room left. I said it before and I'll say it again, Greenspan sat on the button too long and the springs have worn out. The central banks wore out their phantastical "monetary policy" tool. What a bunch of morons. Japanese still can barely coax inflation with 0% interest rates ... this "monetary policy" thing aint working too well is it helicopter ben?<< investorvillage.com Things are getting more interesting every day as some chickens are now coming home to roost in the sub prime market. .

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