Tuesday, December 16, 2008

Fed Funds Rate Set to Zero

Zero is the new 4%.

It's hard to tell if this is a good thing, or a sign of the coming Apocalypse. Or maybe a bit of both.

One thing's for sure: Money will never be cheaper to borrow than it is now. Ever. Of course, it would be nice if banks actually HAD any money to loan... but hey, you can't have it all, right?

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