I sometimes wonder if the so called economic geniuses are really waht they claim to be.
What is the interest rate now ? 0.5%. What does cutting this mean ? 0% ? will it kickstart the economy ? As I recall the rates went down like a bomb during the credit crunch and have been staying at .5% for years. What difference will reducing it make ?
What is the interest rate now ? 0.5%. What does cutting this mean ? 0% ? will it kickstart the economy ? As I recall the rates went down like a bomb during the credit crunch and have been staying at .5% for years. What difference will reducing it make ?
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