Quote:
|
Originally Posted by jjgold
We are getting deeper and deeper into inflation
We need interest rates to drop
|
It's not because of the interest rates.
There are lot of factors:
- Hurricane
- US's energy reliance along with high energy costs
- Bush's little pet-project war not going so well.
- etc.
You can't drop the interest rates everytime you want to slow inflation. At some point you have to bite the bullet and try to fix the economy some other way.
Pedro