Falteringfreedom.com
Blog about the the economic disaster, its history, and how to prepare for the future.

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Tuesday, December 16, 2008

Helicopter Ben lowers interest rates

Well... the Federal Open Market Committee did it again and lowered interest rates. While it didn't really matter if they lowered it or now because effective interest rates were close to 0% before the meeting, it just shows how desperate the Federal Reserve is to jumpstart the American economy again.

This only proves that it is more of a reason to own commodities more than ever now. We all must be prepared for the future.

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