Headlines today: “Bernanke: Fed ready to cut interest rates again”
Quote:“We stand ready to take substantive additional action as needed to support growth and to provide adequate insurance against downside risks,” said Federal Reserve Board Chairman Ben Bernanke.
All this to prevent a recession. A recession that we are already in the midst of, that quite frankly needs to happen to deleverage the foolish investors in Helicopter Boy’s pocket.
Forget about saving money, inflation, purchasing power, or long term stability let’s keep weakening an already pathetic dollar.
