Episode Transcript
The CPI still shows inflation growing by about three percent,
so a rate cut might be on hold.
Speaker 2 (00:05):
The way they do that is by buying debt from
the government and issuing new currency. If they issue more
currency without an increase in supply of goods and services,
we would have even more inflation.
Speaker 1 (00:16):
Economist Van Skin says a cut too soon would nullify
any positive effects for people. A cut would help government
debt a little, but.
Speaker 2 (00:24):
It doesn't do anything to help out our longer term
fiscal problems because of excessive government spending.
Speaker 1 (00:29):
He says there will likely not be any cuts until
later this year. Andre Parard News Radio seven forty KTRH
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