Posted by: DUKE1 September 18, 2007
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It is macro economic matter and the decision should not be based on invididual investor basis. The point is by doing this house prices may remain inflated it is only down 1-3% and that might lead to bigger problems in future. I don't think dealing with a bad loan is by reducing interest rates.
I hope this does not happen but i think inflation will hunt bernanke again. Just check oil i think it was at its all time high today.