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To: Bank Holding Company who wrote (172596)12/19/2008 12:50:03 PM
From: John ChenRespond to of 306849
 
"We need a rate cut now"

LOL, 'cut' from what ?



To: Bank Holding Company who wrote (172596)12/19/2008 12:51:40 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
Are there any rates to cut?



To: Bank Holding Company who wrote (172596)12/19/2008 2:15:29 PM
From: patron_anejo_por_favorRespond to of 306849
 
ROTFL.....

We need to go from ZIRP to NIRP (Negative interest rate policy). I.e, all money in the future will be in the form of Debit cards where purchasing power erodes by a few percent every day, week, or month (depending on the desparation of the situation).

Put that in yer pipe and Save it.......