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:

6-23-2026

Trump Threatens to Defund States That Don’t Make His Election Changes   Trump's 'lie exposed' as story changes on alleged 300ft ...