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Tech Note: New Sharing Tool

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3 wood1/08/2009 7:37:54 pm PST

re: #267 FurryOldGuyJeans

Low interest rates don’t mean diddly if the banks won’t lend money. (I know you know that, 3 wood)

Well, there is the indirect impact on the currency, cause when you lower interest rates the currency of that country tends to devalue. That then makes their goods cheaper for others to buy, and the supply of goods gets thinner, and prices will start to get bid up.

Some banks are starting to lend by the way.