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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: FR1 who wrote (8591)11/28/2001 12:17:57 AM
From: Softechie  Read Replies (3) | Respond to of 99280
 
Another rate cut of .25 is essentially free money for the banks. Short-term rate is even lower than inflation. Banks can sit on money over 1 year and get free money. They don't have to lend because people are maxed out on credit lines. Do I hear deflation? I wonder are we still in the bubble?