wa8yxm
Wherever I happen to park
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Joined: 07/04/2006
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I think this is a very complex issue, Lower rates mean it's less expensive to buy your RV, but, as someone else pointed out more expensive to fuel it.
So, they are either going to get you coming or going, but either way, You get got
Nothin adds excitment like something that is none of your business
John is Near Kenwood TS-2000 housed in a 2005 Damon Intruder 377
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Road Dog
Waukesha,WI
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Joined: 05/17/2003
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The rates were lowered to protect the banks, not the consumer!
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Gale Hawkins
Murray, KY
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Joined: 07/22/2007
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It has been a stated goal of DC to increase exports and decrease imports by driving down the $$$ value relative to other countries. Japan had ZERO interest rates for years but not sure what that did but it may have reduced the saving rate that was very high.
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topflite51
In The Desert of Nevada
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Joined: 05/13/2004
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Have to really wonder what the Federal Reserve will do when their interest rates hit zero. Will they pay us to borrow money?
 David
Just rolling along enjoying life
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chasfm11
Dallas/Ft Worth Areas
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Joined: 02/28/2004
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trop-a-cal wrote:Want to drive oil prices down just fill up a half a tank at a time, and watch how fast the supply goes up and price comes down.
Sorry, but I don't believe that for a minute. The current price is a product of market manipulation through the futures market as a hedge against the falling dollar and is not based on the current (and falling) demand.
It will be interesting to see if the Fed's strategy of record low interest rates does any good. On one hand, we just refinanced to a terrific rate and on the other, our savings grow is zero or close to it.
2000 Georgie Boy Landau 36'DP Cummins 5.9, Allison 1000 5sp
1994 Saturn SL1 Toad, Falcon2 Towbar, BrakeMaster Toad Brake
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Admin
Channel Islands Harbor, Ca.
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Joined: 06/20/2000
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Moved to Around the Campfire from General RVing.
Thread is going good right now and interesting - keep politics out please.
Admin
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Dick A
Spokane Valley
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Joined: 12/15/2002
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The rich will as always stay rich, the poor, as always, will stay poor, and those of us in the middle will get the wine bottle cork treatment. 
I was laughed at years ago when I said the telecom and tech stocks would tank and I'm laughed at today when I say the inevitable economic correction is just being put off.
Other my 401K I'm again out of the market. I purchased CD's late last year, have funds split between four banks, have income generating commercial property, and have purchased some local real-estate paper backed by property. our market is slow but values did not rapidly increase so are staying steady.
I'm not sure any of us know where this thing is headed but as I'm now retired, I'm just spreading my savings around in hopes of not taking too bad of hit in any market segment.
Currently I'm concerned about two areas of inflation; groceries and my stomach. 
Check out the RV.Net Blogs at: blog.rv.net
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jcapps
Not a senior just a
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Joined: 08/18/2004
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Dick A wrote:The rich will as always stay rich, the poor, as always, will stay poor, and those of us in the middle will get the wine bottle cork treatment.
I was laughed at years ago when I said the telecom and tech stocks would tank and I'm laughed at today when I say the inevitable economic correction is just being put off.
I am not laughing Dick
"The great challenge of adulthood is holding on to your idealism after you lose your innocence."
– Bruce Springsteen
"This ain't the practice round"
- a friend
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Dick A
Spokane Valley
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jcapps wrote:Dick A wrote:The rich will as always stay rich, the poor, as always, will stay poor, and those of us in the middle will get the wine bottle cork treatment.
I was laughed at years ago when I said the telecom and tech stocks would tank and I'm laughed at today when I say the inevitable economic correction is just being put off.
I am not laughing Dick Joe, most of your posts tend to agree with my thoughts. However, I think we are in the minority. I hope your skin is as thick as mine.
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camperfool
Michigan
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Joined: 10/15/2006
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Whats the difference this time as a slow down then years ago?
OUT SOURCING - We are loosing manufacturing jobs folks!!!!!!!!!!
We can't be a total service industry.
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