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Old 12-30-2010, 11:08 PM
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layback40 layback40 is offline
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Quote:
Originally Posted by Craig View Post
This is all based on a (somewhat irrational) fear that the US federal reserve is putting too much cash into circulation and will eventually cause the dollar to become devalued (inflation). In reality, the US economy has exactly the opposite problem at the moment; even with very low interest rates capital investment is very slow and job creation is suffering. It is possible that the fed could go too far, but that doesn't appear to be a concern in the short term (except to a very vocal minority of economists).
Or maybe they are holding too many $US & not getting a return.
Well I guess they get their 35 minutes of fame on youtube.
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1967 230-6 auto parts car. rust bucket.
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