Tag Archives: Deflation

Yup, that’s basically what it is. Free. The Federal Reserve has dropped the Prime Lending rate to 0% – 25%. That’s basically free to borrow money. Not money that you and me can borrow, but banks and other financial institutions. They borrow from the Fed and then loan it to people like us. The Fed raises and lowers rates in order to control the money supply and this lowering is their further attempt to boost the economy. But it’s not working.  Markets are still down, companies are still laying off employees and slashing salaries. Dogs and cats living together. It’s … Continue reading →