good job your getting it! There is more to people`s spending habits than "hmmm what are interest rates? I`ll go buy a house now".
to both of you knuckle heads, money is as cheap as its ever been, so with your simple theory (make money cheap people will spend), why are people not spending their cash? Why are people choosing to keep cash in the bank and LOSE $ after tax and inflation? Again, anarcho, there was no QE or major increase in the monetary base from 1975-1982... so why was inflation crazy?
People are spending their money, did you not hear over $30 billion dollars spent this holiday season, is the stock market not on the rise. I can tell you are an educated individual but sometimes you have to throw theory out the window and look at the data...
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