People take out mortgages, for example, rather than buying houses with credit cards. When mortgage rates fall, there?s a rush to refinance. Cheap money is better than expensive money. But what you never get is an offer of free money. The idea, always, is that someone will give you some money today and in exchange you have to give him back more money later on. Unless, that is, you?re the government of the United States of America, and lenders are willing to pay for the privilege of lending you money.
Source: http://feeds.slate.com/click.phdo?i=59592130cc51a26e8bebdca79d147113
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