Well, Its a 2 fold situation.

Lower interest rates causes a devulation of the dollar lowering the purchasing power of the dollar. This is what causes inflation. So lowering interest rates to spur growth is a failed idea as it will raise prices. Kinda like what happen in the late 70s.

Our current Fed interest rate is at 2%.. and the dollar is trading at 1.6 Euro for 1 dollar. Which means the Euro is stronger.

I am for the Gold Standard myself. So I can't argue for the Fed.

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Pioneers are walking all around singing songs about Lenin and they should be shot for it.

Handlebars

"If you are looking for the guilty, you need only look into a mirror"- V

It is inaccurate to say that I hate everything. I am strongly in favor of common sense, common honesty, and common decency. This makes me forever ineligible for public office.
H. L. Mencken

come on you know you wanna play football..

Beagán agus a rá go maith.

Economic Left/Right: 3.75
Social Libertarian/Authoritarian: -2.87