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South Korea Ready to join "Bennie & The Ink Jets" and start Printing Money like every one else !

 
Anonymous Coward
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10/09/2012 11:27 AM
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South Korea Ready to join "Bennie & The Ink Jets" and start Printing Money like every one else !
After passing on interest rate cuts in the last two months despite mounting evidence of a deteriorating economy, the Bank of Korea (BoK) will likely move to ease monetary policy when it meets on Thursday to bolster an economy that's expected to grow at the slowest pace since 2008.

The central bank has held off on further monetary stimulus since July-when it surprised markets by trimming its policy rate by 25 basis points to 3 percent-saying it wants to monitor the effects of the previous cut and the events of the global economy

[link to finance.yahoo.com]
Anonymous Coward
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10/09/2012 07:40 PM
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Re: South Korea Ready to join "Bennie & The Ink Jets" and start Printing Money like every one else !
race to the bottom... who will get the winning prize ?

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