Wow, how many brain cells did it take for you to come up with that. This thread is about people that sway the market when they speak needing to STFU, not about your ego. Get a life loser.
I think nasdorq must be a papertrader whose Mom still pays for his eSignal subscription and acne treatment.
Someone should launch a Congressional investigation into Greenspan's loose monetary policy at the Fed. He bears much responsibility for screwing up this country big time.
Lawrence Summers* compared the stages of crises to the stages of grief : *Summers, Lawrence H. International Financial Crises: Causes, Preventions, and Cures. Richard T. Ely Lecture, AEA Papers and Proceedings. May 2000. I think people are somewhere between the second and third stage...
Oh, yea, And wouldn't you know it, the Fed is going to be "injecting" $40 billion this week too. I forgot to add that card to the game.
these injections getting up to the half trillion mark are eye opening, my only question... what's the point of conducting trade? where's the free market i guess there's nobody to sell to at these prices... central banks shouldn't stand in the way of a free market process
Ben didn't cause the housing bubble. He just inherited it. Fed is an one-legged animal. Cutting rate is pretty much all it can do when faced with a crisis.