Recession might not be that bad

According to Chris Isidore, CNNMoney.com senior writer recession may be good for the economy infact according to many people fed rate cuts may be very bad .Rate cuts are causing a sharp decline in the dollar that is feeding record prices for commodities such as oil and gold . Another half-point cut  or  a three-quarter point cut. is expected at the upcoming March 18 meeting .Using low rates to try to ward off a recession is only likely to feed another asset bubble like the one in tech stocks in the 1990’s .”What is this obsessive need to overturn the business cycle?” said Barry Ritholtz, the CEO and director of equity research for Fusion IQ. “You can end up preventing the market from following its normal course of clearing out the deadwood and letting healthy trees grow. The creative destruction of capitalism, that’s what the Fed is working to prevent.”