Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Andrew G. who wrote (86091)	3/27/2001 6:21:38 PM
From: BigMoney	Read Replies (1) of 436258

RE: "This is getting back to my early argument from a few months ago that there is no apparent limit on how much $ the Fed can print or how deeply in debt consumers and businesses can go as long as they can meet their monthly cash flow or operating expenses. " Thats exactly what Japan has a problem with today with their zero interest rate policy - high consumer debt levels and bad loans being made by banks. Why pay off your debts if it costs you nothing to borrow? Why be careful with the money you borrow, when you can always borrow more for free?

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