Thread: The Obamanation
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Old 11-22-2009, 04:56 PM   #1034
ZenGum
Doctor Wtf
 
Join Date: Oct 2007
Location: Badelaide, Baustralia
Posts: 12,861
The danger of prolonged low interest rates is that many people/firms will take loans, then when interest rates eventually rise, some will be unable to repay those loans, triggering a new wave of bankruptcies, which was how we got into this mess in the first place. It is a very tricky balancing act. Wearing a blindfold.
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