What do low interest rates have to do with causing the government to inflate the money supply?
Invest in the Market for the Long Run by James K. Glassman Over a generation that included rampant inflation, high interest rates, several severe recessions, the worst one-day crash in history, two major wars and a calamitous terrorist attack, stocks nonetheless generated gigantic gains. Markets Await Outcome of Presidential Elections by Staff Report The markets moved in tandem last week, with both the blue chips and the techs scoring respectable gains in the face of a lot of uncertainty. Underpinning the tentative mood in the markets is primarily the upcoming presidential race, which is one of the closest in history, as is continued uneasiness about the direction of interest rates. Shelve the Rebates and Bring on the Tax Cuts by William Beach and Mark Wilson In an effort to jumpstart our flagging economy, the Federal Reserve has just lowered interest rates yet again. Good idea. But now some in Congress think they can go the Fed one better and stimulate the economy by delivering the $1