Thursday, December 13, 2012

Who gets to set interest rates?

So if this is fraudulent, why is it okay for central banks to keep interest rates low? In fact, since central banks want to keep rates in the basement, shouldn't they be sending thank you notes to these banks?

3 comments:

  1. Excellent question. Why are one man's manipulations considered legitimate while another's illegitimate? Seems (is!) like a double standard.

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  2. Another reason is we aren't as clever, smart, or clairvoyant as B.B. & Co. You should learn your place and leave these matters to the venerable fortune tellers.

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    Replies
    1. True. Their crystal balls must get better reception than mine!

      Get back in line, citizen!

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