Wednesday, March 25, 2009

From the "Can't Make This Stuff Up" files

OTARU, Japan, March 25 (Reuters) - Bank of Japan Deputy Governor Hirohide Yamaguchi said on Wednesday he would not completely rule out the possibility of cutting interest rates further from an already low 0.1 percent.
That's right: Dep. Governor Yamaguchi sees room to maneuver on lowering the interest rate FROM 0.1.

Well, if they make microscopic transistor radios, why not do the same with interest rates?

No comments: