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To: Joe NYC who wrote (62392)11/6/2001 3:06:23 PM
From: TenchusatsuRead Replies (2) | Respond to of 275872
 
Joe, <Gee, what are they going to do when they get to zero, and the economy is still sluggish?>

Pay people to borrow money! It's so obvious!

Tenchusatsu



To: Joe NYC who wrote (62392)11/6/2001 3:15:11 PM
From: bacchus_iiRead Replies (1) | Respond to of 275872
 
Fed cuts rate another .50% to 2%

Gee, what are they going to do when they get to zero, and the economy is still sluggish?



Bond market don't seem to like it, specially long bond.

Gottfried



To: Joe NYC who wrote (62392)11/6/2001 3:18:32 PM
From: hmalyRespond to of 275872
 
Joe Re...Gee, what are they going to do when they get to zero, and the economy is still sluggish?<<<<<<

I am hoping the Feds give me a million dollar loan, and pay me 2% to take it.



To: Joe NYC who wrote (62392)11/6/2001 8:48:15 PM
From: dumbmoneyRead Replies (1) | Respond to of 275872
 
Gee, what are they going to do when they get to zero, and the economy is still sluggish?

In that event, deflation is happening, so the solution is to target a positive inflation rate. I wouldn't worry - if there's anything that governments know how to do, it's generating inflation.