So what did we learn from the Fed decision?

I think it allows all the big boys to get out from under the various unpleasant issues they had to dump before the fall. The real fall.

Oh, and the rest of us get to foot the bill with record inflation on the docket.

 

Fed is scared stiff.

 

What did we learn from the Fed decision today?

The Fed is private

 

he would kill the dollar before he would face scrutiny from the plutocracy

 

Right on. The bankers are protecting themselves and feeding the rest of us to the dogs.

 

ERA OF PERPETUAL UPSIDE


NO MORE BEAR MARKETS OR CORRECTIONS ever

 

The fed cares about the average american who is up to his eye balls in debt.

I plan on taking advantage of this free money.

 

how does this affect mortgage rates and housing prices?

Houses are waaaaaaaaaaaaay over priced as it is.

 

That this economy is a lot weaker than what most have been saying.



I can remember the last 10 meetings that there was moderate economic growth with plenty of jobs and inflation "kinda" in check. Guess that 50 BP cut just made things a little more interesting, maybe that the economy is already in recession.

This just creates more liquidity and bigger bubbles, get ready for one of the biggest asset bubbles in history.

 

Financial responsibility is punished (or not rewarded) while irresponsible use of debt is rewarded and reinforced.