Discount Rate Cut…How does it affect you?
Wassail!
Well, we have now been told that the Fed has cut the discount rate to banks? Great. How is this helping you, Average Joe Six Pack? What does it mean? I am interested in what you think it means. I can tell you, but what I am interested most in is the affect on public sentiment-what you feel as you get it straight from the news. Please tell me what you think this is going to do for us. I will chime in with my own 2 cents + 1 for the government later.
