Cary Polevoy
| Hometown: | Centennial, CO |
| Interests: | An Economy for All, Health Care for All, New Energy, The Big Con, Quality Education, Real Security, Social Security, Making Sense, America's Future Now, Invest In America, Progressive Vision, Revitalizing Democracy, democracy, economic policy, Terrorism, universal health care, war in iraq |
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Cary's Voice
- September 30, 2008 - 12:24pm
One of the problems that the U.S. has been facing is the wide disparity between interest rate policies globally. There has been a strong disincentive, based on interest rates alone, for foreigners to invest "safe money" or fixed income money in the United States.
Interest rates, in general, are much higher overseas. Money generally flows to where the returns are.
