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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 247.35+0.4%Jan 9 9:30 AM EST

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To: Victor Lazlo who wrote (150224)11/18/2002 11:33:47 AM
From: zonder  Read Replies (3) of 164684
 
All that lower interest rates can do at this point is delay the pain. Both on corporate and personal accounts, there is enormous amount of debt already. All that a lower interest rate will accomplish is:
1) Increase liquidity - may not be a good idea as it often leads to inflation.
2) Ease the burden of interest payments - symptomatic treatment. Delays the pain.
3) Encourage people and corporations to take on more debt - God forbid. It is fortunately very unlikely.

I do not think you are qualified to talk macroeconomics, Victor. And you seem to believe that the fact that Japan is an island (like the UK, btw) and the accusation that its people are "xenophobic" (note the correct spelling) must be a major factor in its current economic problems. They are not.
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