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Old 09-18-2013, 07:07 PM   #1217
Gridlock
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Quote:
Originally Posted by 4444 View Post
Rates went down, but didn't tank today.

I imagine this is just a 'not now, but soon' so I don't see rates significantly decreasing, as people know its coming.

I was surprised by this news, though - my jaw did drop when I got the alert... But a part of me is glad, as it will ensure jobs continue to be created... But, we need to ween ourselves off of easy money (macro, and micro - *cough* 5% down home buyers *cough*)
It's kind of interesting though that a lot of people have been saying that you really can't increase the cost of money as the economy is based on it..and guess what?

They can't stop dumping in money because it will sink the economy again.

Taking bets on how long before inflation becomes the next issue.
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