Fed should deflate some bubbles, Mishkin says

Discussion in 'Wall St. News' started by Daal, May 15, 2008.

  1. Daal

    Daal

    personally I dont think the fed can do this at all. its like the white house launching a 'war on pornography', people have been engaging on greedy financial orgies since the beginning of time, some regulation maybe could help at the margin but to think they could stop bubbles is nuts. Maybe they can stop them through huge dacronian laws and rules or jamming interest rates ridiculously high and quickly but then we would be living on a police state and creating recessions left and right, that would be worst than any financial crisis that came from bubble bursting

    http://www.marketwatch.com/news/sto...BBA-9FD4-F64F2F25FD3F}&tool=1&dist=bigcharts&
     
  2. all they need to do is let things fail when they dont make money. Problem is were about 20 years too late for that.
     
  3. LT701

    LT701

    the number one issue in any investment is, 'will fed policy support it? will fed policy support it in the future?'

    the fed has become our only financial reality
     
  4. Agree 100%. If there is one lesson from history, it's that you can't legislate against human stupidity.

    "Two things are infinite: the universe and human stupidity; and I'm not sure about the universe."

    - Albert Einstein
     
  5. We'd be better off if the Fed stopped creating bubbles.
     
  6. I wonder if Mishkin the Idiot wants to deflate the bubble in the 10 year Treasury?
     
  7. winner winner chicken dinner!
     
  8. Arnie

    Arnie

    Who decides what a bubble is?

    I think this could actually have the opposite effect. Pretty conceited thinking on his part.