They're cutting interest rates. OK inflation is not really a threat right now, deflation is. Screw the lower interest. Makes no difference. Print up the money and drop it on us from helicopters ben, after all you are not "helicopter ben" for nothing. Now that you're hiding M3 ... just print it, no one's gonna know.
Cool.
Buddha.

Damn that IS some good Herb, Eh? 

My Buddha Buddy,

You KNOW who "Bernanke" is.

You know what he is. The same as "Greenspan".

And you know "whose house" in which he resides. In the same house as "Greenspan" did.

And you know who owns that house. Deep English roots going waaaaaaaaaaaaaay back.

Therein we find the festering core of mankind's troubles.

It's all the biggest scam ever pulled on humanity.

banks don't just have a vault of money from deposits. they borrow the money from the WMF.  so if rates are lower then the banks can get the money at a better rate. with the trickle down theory buyers will get the lower rates than before.  so qualified borrowers who may otherwise hang on to their money in these trying times.  it is all about generating spending.

and in some cases franko its failed Eh?