Tuesday, December 16, 2008

Fed cuts interest rates to zero


In a shocking turn of events (sarcasm), the Fed has slashed interest rates "from zero to 0.25%" aka 0%.

As a result, gold and silver are up and the dollar is down. I fear the dollar has begun it's never ending death spiral.

Solving the problem of too much cheap money with....FREE money; sounds like a great solution to me.

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