The subprime bailout plan being orchestrated by the U.S. Treasury Department will have a deflationary effect because it increases risks to lenders and discourages further lending. Interest rates cannot be lowered enough to compensate.
1 comment:
Anonymous
said...
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Retired from US Federal Service in the field of military communications equipment project engineering, including development, manufacturing, and systems applications.
1 comment:
Hello. This post is likeable, and your blog is very interesting, congratulations :-). I will add in my blogroll =). If possible gives a last there on my blog, it is about the Smartphone, I hope you enjoy. The address is http://smartphone-brasil.blogspot.com. A hug.
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