Originally Posted by J Diddy
I agree that the rates need to rise. I also saw the need to keep them down--to keep people buying and stimulate the economy.
No production is more important than consumption. You can't have the latter without the former. You can't just stimulate consumption with monetary gimmicks...we have to produce and then exchange what we produce.
“The power to declare war, including the power of judging the causes of war, is fully and exclusively vested in the legislature.” ~ James Madison, Father of the Constitution