Comments on: Who Benefits From Yesterday’s Fed Rate Cut? http://www.everyjoe.com/articles/who-benefits-from-yesterdays-fed-rate-cut/ Sports News - Tech Reviews - Entertainment - Life Tips for EveryJoe Tue, 15 Dec 2009 06:19:05 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Miranda http://www.everyjoe.com/articles/who-benefits-from-yesterdays-fed-rate-cut/comment-page-1/#comment-314314 Miranda Thu, 24 Jan 2008 14:24:30 +0000 http://www.yieldingwealth.com/who-benefits-from-yesterdays-fed-rate-cut/#comment-314314 It probably will help a bit, injecting "confidence" into the market. And it will help in terms of the way that the economy is now BASED on more lending. We now have a debt-based economy that flourishes when people are in JUST ENOUGH debt to keep paying, but not enough to allow them to really concentrate on saving. I've been saying: What's good for our economy, as it is now, is not always good for most individuals. It probably will help a bit, injecting “confidence” into the market. And it will help in terms of the way that the economy is now BASED on more lending. We now have a debt-based economy that flourishes when people are in JUST ENOUGH debt to keep paying, but not enough to allow them to really concentrate on saving.

I’ve been saying: What’s good for our economy, as it is now, is not always good for most individuals.

]]> By: Kelly http://www.everyjoe.com/articles/who-benefits-from-yesterdays-fed-rate-cut/comment-page-1/#comment-314313 Kelly Thu, 24 Jan 2008 14:17:35 +0000 http://www.yieldingwealth.com/who-benefits-from-yesterdays-fed-rate-cut/#comment-314313 Do you think the cut will actually spur the economy? I don't see it. I fear it will just lead to more lending, at a time when taking on more debt is not advisable for most people. Do you think the cut will actually spur the economy?

I don’t see it. I fear it will just lead to more lending, at a time when taking on more debt is not advisable for most people.

]]>