Reply #142: The rates may go down to 0.875%

[ozone_man]

like in 2003. I think that's the effective limit. But when they're done, I think they're out of bullets. Deflation may win at that point.

Even now you don't see mortgage rates going down. I think the cheap credit for consumers is over, credit risks are too high for these banks to lend now. At some point deflation will win over inflation.