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Debate House Prices
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FED cuts by 0.5%
Comments
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setmefree2 wrote: »The one's who got us into this mess;), you mean?
Fortunately George Bush is not on the BOE rate setting committee.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
setmefree2 wrote: »Well I may not have all the facts and figures at my finger tips but I am able to read and listen. Amongst a large variety of analysts and economists I can't see a consensus amongst them, can you? If you have a view that big interest rate cuts are needed, why do you hold that view?
To counter short term deflationary pressures that if not treated may become long term.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
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setmefree2 wrote: »So do you have no qualms about the effect of a large rate cut on sterling? Do you think it's worth the risk because the consequences of the deflationary pressures would be worse?
The rate cuts are probably already priced into Sterling, long term deflation = nightmare.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
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