Thank you Mr. Bernake

I wanted to say thank you to the Federal Reserve for dropping the interest rate between banks. Now what we are likely to get is a recession with higher inflation and lower savings account rates. The only good news would be that the value of the dollar will fall making exports from America into other countries more attractive.

The Fed bowed to speculator's demands by cutting rates again (see the year 2001). In the end most speculators will lose money. It is in the math.