To cut interest rates much more could collapse the dollar, which because of the huge
Plus with the current rate cut, the
Yet if the Fed doesn't cut interest rates even further, the stock market will continue to plunge, which again discourages foreign investors from pouring their money into the
So soaring inflation may be next, as strapped companies in
Oh, did I forget to mention the Trillion dollar military debacle that has no end in sight, that is sucking money out of the country like a giant industrial vacuum cleaner?
[Excerpt of an article by Dave Lindorff, Information Clearing House]