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RE: A Rate Cut For The Dumbed Down. By Gregory Mannarino
This will be accepted by the public,because (as you have mentioned several times), the vast majority is in debt.So, not only they don't have money in the Banks, but they will also benefit from paying lower interest.
You are not considering what it will mean for the purchasing power of the dollar, which will fall. It will be a lose/lose for the middle class. No benefit at all...
No doubt!...