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Jim Cramer on Economic Stimulation

January 29th, 2008 Sphere: Related Content

I tend to view Jim Cramer as a ego-centric financial actor, but it sounds like we’re on the same page concerning the governments proposed economic stimulus package.

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Evidently he agrees that lower interest rates will have a more immediate effect than handing out $600 to individuals.

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  1. Kirk
    February 1st, 2008 at 17:02 | #1
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    I still think Cramer is a nutter, but he is right on this. Of course, monetary policy can go too far and cause inflation, which I think we will find is the case in this situation.

    It is hard to fix a problem caused by lower rates with lower rates.

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