Wednesday, December 12, 2007

The Fed to the Rescue Yet Again, But at What Cost?

To accomplish the rescue of the stock market, the Fed is once again debasing its own credit worthiness, and sooner or later the stock market is going to have to look seriously at where all this is leading. A central bank with its own credit problems is the last thing the U.S. needs in this crisis.

read more | digg story

No comments:

2-25-2025

A new document undercuts Trump admin's denials about $400 million Tesla deal   CHIPS Act dies because employees are fired – NIST CHIPS p...