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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: studdog who wrote (117075)	11/26/2008 10:59:05 AM
From: Skeeter Bug	Respond to of 132070

Karl, the downward pressure on interest rates is coming from the relative strength of the dollar as many other countries are in trouble, too. everyone knows that doubling money supply will devalue the dollar. if it didn't, we'd all get to double our salary and we'd all be rich and end poverty! the powers that be know it, too, but they don't care. we are in economic triage as the bushevics have had to spend/guarantee more money that the inflation adjusted cost of WWII in a couple months. Over 50% more than the inflation adjusted cost of WWII. it might not be a straight line, but it will happen. just like this bust had to happen after the malinvestment that was the credit bubble. it always happens and no, this time isn't different. there may well be some curve balls before the bat hits the ball square, though.