SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: patron_anejo_por_favor who wrote (75235)3/4/2001 3:02:41 PM
From: Haim R. Branisteanu  Read Replies (3) of 436258
 
The best of all choices to battle the current situation is expansion of money supply and possible inflation.

Lowering interest rates now will enable many to refinance the existing debt at lower interest rates, and I refer to international debt of countries that now are not inclined to pay back at all.

Further lower interest rates will lower the value of the dollar and by that the price of energy and other commodities in Europe and SE Asia which will gain more economic strength to balance out the US weakness.

As a result US will be able to export more as being more competitive and US trade deficits will diminish and US industry will recover which in turn will propel stock prices higher which in turn will again attract foreign money to balance out the existing trade deficit.

The policy of a strong dollar has run it's course and I think it was ill advise to take it in the first place.

Holding monetary policy steady will only damage the US and the world economies.

BWDIK
Haim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News