25 basis point stingy cut

Posted On 25/11/2008

Filed under Food for thoughts

Comments Dropped one response

Is it pressure from some body that hold a huge shares in one of the Malaysia “key” bank?

BNM -25 basis point (-0.25%) BLR adjustment is not enough.


One Response to “25 basis point stingy cut”

  1. Jefus

    Take a look at the liquidity trap and Keynesian economics.

    Japan chose the zero interest rate road and suffered a laggard economy for a long time. The popular idea now is to put money in the hands of consumers for them to spend, spend and spend – multiplying effect, to stimulate the economy.

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