Buy Houses, People!

I'm no economics major or anything, but the Fed just cut the interest rate to stimulate the housing market and now the dollar is about worthless – well, it's worth as much as a Canadian dollar now (frist time since 1976). Yeah, that sucks. So if everyone goes and buys a house of something, we can raise interest rates again and show them Canadians who is boss! :-)

This also sucks if you own a foreign company  – let's say like over in India. Time to raise rates!

-T