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Nintendo Co. Ltd. Message Board

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  • penhead25toabox penhead25toabox Apr 30, 2008 10:46 AM Flag

    MSFT buyout of Nintendo next?

    " the housing bust is so big and the tax rebate is so small that I guess the dollar will keep dropping into summer and the Fed will not be able to do much to help it. "

    As usual your complete lack of understanding how any market works is astonishing.

    A rate cut would increase the rate of inflation as well as devalue the dollar.

    A rate increase would have the opposite effect however since the financial sector has created such a mess the Fed is trying to influence a market which it should not meddle with. Their MAIN concern is inflation, we / they have lost sight of what they are to control.

    Bailing out an incompetent financial industry as well as the truly stupid homeowners is ridiculous.
    I guess we should all go with our hands held out since living day to day is hard. . . what a joke.

 
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