Topic: | Re:Re:Re:Re:Re:Re:Re:Time to raise interest rates? | |
Posted by: | Stewart Dean | |
Date/Time: | 24/03/09 14:37:00 |
"If inflation is already 3%, then we need to start tackling that. History shows us that inflation will run rampant. Better to have a soft landing than crash into 15% interest rates." I think we're through the looking glass on this one. Historically there has been no situation of this kind and scale. I'm feeling the measures taken have been put into place just to keep the patient alive, even it's going to be ill for some time to come. Many have said that Darwinism should have taken over. I don't think we'll know what would happen if we did that - it may be a much healthier type of finacial system in the future after what could be viewed as a mass extinction of systems not fit for what the future brings. |