Fed Goes Big: Cuts Rates by Half Percentage Point
(www.breitbart.com)
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Weimar America cometh
These bankers watched us suffer for 4 years then cut rates 50 days out from an election. Pure wickedness I expect another cut right before voting day.
Edit: *Selection
Ummm - wait until everyone sees what happens to inflation, etc. as a result of these rate cuts.
These rate cuts are like pouring gasoline on a fire to put it out... Weimar Amerika, indeed.
Edit: PLUS, they already had a terrible T-bill auction... and now that they cut the rates, it is going to be even worse... who will buy the T-bills to finance the massive US deficits now?
You are understanding this on a deep level.
2008 on donkey roids.