Quote Originally Posted by Prada View Post
Well its up to the central bank to apply monetary policy. With the economy slowing down a little, I see it as no surprise that they cut interest rates to stimulate it. Government spending is another issue
The only problem with their "policy" is that they create a growth cycle.... and then interrupt it which causes these "bubbles" of artificial valuation and eventually a depression... either because of multi sector collapse when they dont act or inflation to the point of destroying growth... its a stupid irresponsible policy...