Relevant:
- Fed Cuts 50 Basis Points, Another Bernanke Theory Blows Up
- Case-Shiller CPI Now Tracking CPI-U; Real Interest Rates Are Once Again Negative
- Bernanke says ‘not obvious' economy can handle interest rates at 1%
- More Rate Cuts Ahead According to Ben Bernanke
- THOU SHALT NOT CRUCIFY LABOR ON THIS CROSS OF PAPER MONEY
2008-12-07 — blogspot.com
"In spite of massive cuts in the Fed Funds Rate, real interest rates are still positive by more than 1% and will still be positive when Bernanke cuts 50 to 75 basis points on December 16. Looking ahead I expect both falling consumer prices and falling home prices yet Bernanke is running out of room to cut rates."
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