Archive for February, 2012
Tuesday, February 28th, 2012
Jay asked: We had a long period of low interest rates with low inflation. Inflation was quite stable over this period, with the exception of housing inflation (which is not included in the CPI data).
Im referring to the period between 1995-2007Steps On How To Do CPR
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Tuesday, February 28th, 2012
mtphellas1 asked: During the 1970's interest rates on basically everything including savings and CD were well into double digits. What caused this? In order for interest rates to be that high again where would the market in general be headed? I understand how the economy and interest rates generally work ...
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Friday, February 17th, 2012
Cobabeology asked: With the Fed's decision to cut interest rates, I understand that banks will follow suit and lower interest rates. How fast will it take for these changes to go into place? At what point should people begin to investigate refinancing their mortgages and other loans where it will ...
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Monday, February 13th, 2012
asked: I'm a student and have never had a credit card but I'm looking to build up some credit just for good measure as I know a good credit score will help me out in the future. I know nothing about credit cards so I was just wondering what ...
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Monday, February 6th, 2012
me2 asked: I am about to enter a a debt management program for one of my credit cards. The say that they can negotiate a settlement. My question is can I do that on my own? Will the credit card company listen to me? or do I need ...
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Monday, February 6th, 2012
youresoscene_xxx asked: I have some credit, but not a whole lot. My credit score is 628. I also have a delinquncy with Chase, which I am trying to pay off now, but I want to get a different credit card in the mean time to make payments on that to ...
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Monday, February 6th, 2012
Heedie asked: I am trying to pick my credit score back up off the floor and have heard that you can do this by applying for credit cards and making the payments on them. Nice! Except, I went through a divorce and my credit is now lowsy. I ...
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Monday, February 6th, 2012
SwimGirl asked: A) As interest rates decrease, demand for money increases.
B) As interest rates increase, demand for money increases.
C) Interest rates are determined by demand for money.
D) Interest rates and demand for money are unrelated.
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I am so confused. Is money supply the same thing as demand? In that case it ...
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Thursday, February 2nd, 2012
NONAME asked: I really don't get this. At the moment, most inflation is directly or indirectly related to the price of fuel. Many people do not have mortgages and have enough money to support themselves without using credit.
How can the reserve bank continue to assume that interest rates will control ...
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