Unfortunately, silver bullets don't kill vampires.

There is more to this analogy than just the approaching Halloween season. Our problem isn't low interest rates - it is excess debt which literally drains the demand for more credit. The recent release of the NFIB Small Business Survey showed this as businesses stated that acces to credit is not an issue. "Poor sales" are their number one concern and the lack of demand on their businesses do not warrant adding on more leverage. The number of businesses currently thinking this is a "good time to expand" is at some of the lowest levels on record. Likewise, consumers, are trying to pay down debt as worries about job security, rising food and energy costs and stagnant wages reduce their desire to consume and make debt reduction a priority. The excess debt that has been accumulated over the last 30 years as interest rates were in a steady decline, lending standards were reduced and massive pools of available credit were supplied has now begun the inevitable unwinding process.