Something worth reading...

Discussion in 'Economics' started by Martinghoul, Jan 26, 2010.

  1. dhpar


    thanks for posting.

    i agree with him almost 100% - fed will fuck it up once again and this time with the biggest fireworks.

    i do not believe that low rates (especially short term) support economic activity significantly - they are rather corollary of it.

    fed should promote a "good", "responsible" behavior - nothing else. that would reduce the likelihood of bubbles at the same time.
  2. Thanks for the post !
  3. So these arrogant idiots (Summers and Geithner) are "finally" listening to the voice of reason a la Volcker after the house is leveled. Pathetic.