No, because we're going to have ridiculous inflation. Cutting rates isn't doing anything meaningful when the average guy still can't get a loan. All they're doing is pounding money market and new bonds. Ben and the fed have gone crazy, stepping in so much esp with the BSC thing. What kind of capitalism is this..how about letting the market corect itself? Moral hazard anyone..
It was interesting watching Dow swing from almost 300+ to 200+ and then back up within minutes.