mrbill

What Will the Fed Do Now That Rates Are at Zero?

On Dec 31 04:28 AM constructe wrote:

> Likewise, the lst thing the fed should be promoting is quantitative
> easing. First the US has a massive deficit already. If Japan couldn't
> even afford stimulating itself out of 0% interest rate deflation
> what are the odds we can? If anything 0% inflation tends to lead
> to more deflation.

Exactly! We need to do EVERYTHING to stop this deflationary horror nightmare! I say the Fed write each and every U.S. citizen a check for $1 mil. But seriously, THAT might not be enough !!! I say we go into negative interest rates. For ea. dollar loaned, they pay out 5 cents. What do you think?