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


To: Freedom Fighter who wrote (57427)4/26/1999 12:14:00 PM
From: valueminded  Read Replies (2) | Respond to of 132070
 
Wayne

He can do it forever as long as the dollar is the worlds standard and they dont care that how much we print. Seems they are stuck with it and we can do whatever we want. Does M3 include all the "easy credit card offers" that can now be used to augment your market funds?

As long as the world keeps our interest rates low, we will continue to offer credit and expand credit at an enormous rate. I (and I am ordinary income) receive 2-3 credit card offers (platinums) a week. Some with 3.9%fixed from 6mo to 1yr. Do I take it and set the money in an income bearing money market - why not ? Is this productive ?