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Fed's Low Interest Rates 'Toxic' For Economy: Pro

Sunday, April 1, 2012 - 7:54 PM
While the U.S. Federal Reserve has reiterated it would keep interest rates near zerountil late 2014, Sam Chandan, Chief Economist at Chandan Economics, says that low interest rates distort asset prices and are "toxic" for the economy.

http://www.cnbc.com//id/46901256
6
ShorebreakShorebreak2,700 posts since
Apr 6, 2010
Rep Points: 14,636
1. Sunday, April 1, 2012 - 9:41 PM
Shorebreak:  Have you signed the Sign-On Petition yet?  You are the reason I got so gungho about doing one so I sure hope your name is already on it.  We are just 5 signatures away from making it to the next step.  If you haven't, will you please consider signing it and helping us out  and hopefully yourself if you need higher interest rates.  Thanks!
2
ApacheApache43 posts since
Dec 5, 2011
Rep Points: 565
2. Monday, April 2, 2012 - 12:42 PM
Re: Apache @ 1. Sunday, April 1, 2012 - 9:41 PM

Sure did, and I passed it on to all my friends.
2
ShorebreakShorebreak2,700 posts since
Apr 6, 2010
Rep Points: 14,636
3. Monday, April 2, 2012 - 3:51 PM
Shorebreak:  Thanks soooo much!  Sure appreciate your passing it on to your friends too!  So glad you could be counted on!
1
ApacheApache43 posts since
Dec 5, 2011
Rep Points: 565
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