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Old 04-16-2008
wind_magic wind_magic is offline
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Quote:
Originally Posted by sailaway21 View Post
If I heard the news correctly, last month's inflation numbers saw an increase of 1% on an annualized basis. That's not good. Mr. Bernacke and others might think about focusing on the dollar and inflation as lowering interest rates further is going to do nothing but more of the same harm it has done and produce more inflation. Martin Feldstein on the subject: Enough With the Interest Rate Cuts - WSJ.com
Here's your dollar.



Edit - Note that 1243$us of your tax money this year went to paying interest on that debt.
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Last edited by wind_magic; 04-16-2008 at 03:36 AM. Reason: Added bright sunny motivational text
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