Thanks Chuan! Do you have any prediction on this? If the deficit high, then higher interest, right?
-arcong(雪中莲);
2008-6-11(#37523@43)
I can predit Fed will contiue to sprinkle the mouth water but it will not do anything. US is a country with trillions of debt. They prefer inflation to pay less debt. Just be patient to see gold to go back to $1000.
-littlechuan(Chuan);
2008-6-11{138}(#37525@43)
Even making the interest up 0.25% or 0.5% doesn't help the inflation much. If rate goes up to 4% (inflation rate), US will go to toilet.