RE:RE:The economy masfortuna wrote: ? The whole point of the interest rate cuts is to increase the unemployment rate which would lead to lower inflation. Lower inflation = less chance of recession = stronger gdp growth = more industrial output = MORE ENERGY REQUIRED. I have no problem with you being bearish, but would you mind not trying to post "stuff" like this. Unless ofc you are trying to intentionally mislead individuals on this site...
not misleading, it is facts first there will be pain (the job losses) as you said to lower the inflation rate there goal is 2%, once they get that back under control then they can start to improve the economy and add jobs, it is just like the ice age it is a cycle first there will be some pain before you get to the good times. and joe slapping the hands of the saudis is a good thing in the long run to get to there goal.