If this keeps up, pretty soon lenders are going to start paying us to borrow their money.

From the NYT:

The Federal Reserve entered a new era on Tuesday, reducing its benchmark interest rate so low that it will have to reach for new and untested tools in fighting both the recession and downward pressure on consumer prices. The central bank lowered its target for the overnight federal funds rate to a range of 0 to 0.25 percent, a record low, virtually bringing the United States to the zero-rate policies that Japan used for six years in its own fight against deflation.

Maybe we’ll have to change the usury statutes to make interest rates over 3% illegal.  (For you Ace readers, “usury” is a fancy term for “loan sharking.”)