Thursday, December 18, 2008

Fed unleashes greatest bubble of all

Now the Fed’s decision to cut interest rates to between zero and 0.25 percent, coupled with a promise to keep them there for an extended period, and the threat to conduct even more unconventional operations in the longer-dated Treasury market risks the biggest bubble of all, this time in U.S. government debt.

read more | digg story

No comments:

3-27-2024

  Donald Trump is now selling $60 'God Bless the USA' Bibles ahead of Easter. Judge sends strong message about Elon Musk's attac...