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Do you think the Fed has ran out of options to aid economic recovery?
01-31-2013, 06:17 PM
Post: #2
muncie birder Offline
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In my opinion it was some of the actions of the Fed that caused the current economic problems during the reign of Greenspan. One of the current problems is that people borrowed more money than they could pay back. Now the Fed solution is to reduce interest rates to confiscatory levels for lenders in the hopes that people will borrow more money that they probably will not pay back. Makes sense to me.
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Messages In This Thread
[] - muncie birder - 01-31-2013 06:17 PM
[] - itsjunglepat - 01-31-2013, 06:17 PM
[] - Net Advisorâ„¢ - 01-31-2013, 06:17 PM
[] - mrzwink - 01-31-2013, 06:17 PM
[] - MarcThyme - 01-31-2013, 06:17 PM

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