Didnt they say inflation was fine....just like they said housing was fine too 18 months ago. Inflation is going to get alot worse, I mentioned numerous times that lowering rates would create more problems for the economy than good. Its happening right now, the bulls were cheering the rate cuts but they should understand that this is going to create INCREDIBLE INFLATION. Inflation is getting out of control but of course its being ignored....
They are trying too hard to add liquidity to a market place that has already suffered from entirely tooo much liquidity, how can you fix a problem by creating the same problem.