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The New DU. Reply #8: great idea, lets cut rates some more...
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olddad56
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Tue Nov-06-07 11:24 AM
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| 8. great idea, lets cut rates some more... |
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the last cut sure helped. Every rate cut just increases the strength of inflation. I think inflation is the plan. Then we can pay off our bond debt to china nad japan with cheap, inflated dollars.
Inflation will hurt the average joe more than a recession in the long run. Recessions last on average 18 months, inflation lasts forever.
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