10-24-2007, 05:17 AM
Companies, in every industry, have been discounting prices to increase market share, since time began. This is our Free Enterprise System. And yes, all public companies are in business to increase returns to their shareholders. I am thankful every day as I see my 401K increase in value.
Sometimes the consumer benefits from unrealistic low rates. Damn, hate it when that happens. And yes the rates will go up as soon as the competing companies are able to implement raises. Sometimes some of the competitors will sell out or drop out. Again, this is part of our free enterprise system.
If the rates get too high, guess what? someone else will enter the market, the cycle re-occur, and rates drop.
I for one am happy to see the system working.
Sometimes the consumer benefits from unrealistic low rates. Damn, hate it when that happens. And yes the rates will go up as soon as the competing companies are able to implement raises. Sometimes some of the competitors will sell out or drop out. Again, this is part of our free enterprise system.
If the rates get too high, guess what? someone else will enter the market, the cycle re-occur, and rates drop.
I for one am happy to see the system working.