Thursday, September 25, 2008

A Bailout and Interest Rate Cuts?

Bernanke Moves Closer to Rate Cut as Risks to Economy Intensify

Sept. 25 (Bloomberg) -- Federal Reserve Chairman
Ben S. Bernanke moved closer to cutting interest rates, signaling that risks to U.S. growth are greater than policy makers saw them just last week...

The most massive monetary inflation of all time followed by an interest rate cut on already low rates.  What will that do to the value of the dollar?

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