April 28, 2009

Videolog - Market Update

Topics on the April 27, 2009 Market Update:
- The ideal interest rates in the US is a negative 5% says a group of economists
- Ideal for who? Surely not for the lenders
- We need higher interest rates not lower!
- Federal Reserve will create inflation
- With Inflation nobody will lend, people are not stupid
- THe FED will destroy private sector lending and savings, that will not create economic growth, that will create hyperinflation
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