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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (3472)3/15/2001 10:56:04 AM
From: stomper  Read Replies (1) | Respond to of 33421
 
I don't understand what kind of efficacy the "zero interest rate policy" is supposed to have. Criminy, the rates are effectively 0% now(.25% i believe). Is it just psychological or could it really help their situation. The Japanese citizenry certainly don't seem to give a hoot about rates...they just continue to save. How does it help banks??

-dave