Although financial markets around the world have come under pressure in the past few months, I will focus my comments primarily on the United States. , Ben Bernanke, October 15, 2007
Edited by linrom1, 15 October 2007 - 08:30 PM.
Posted 15 October 2007 - 08:26 PM
Although financial markets around the world have come under pressure in the past few months, I will focus my comments primarily on the United States. , Ben Bernanke, October 15, 2007
Edited by linrom1, 15 October 2007 - 08:30 PM.
Posted 15 October 2007 - 08:44 PM
Posted 15 October 2007 - 08:59 PM
And whats your point ?
Posted 15 October 2007 - 09:16 PM
And whats your point ?
Bernanke will cut rates again since global economy is dependent on US consumption. :lol
Posted 15 October 2007 - 09:21 PM
And whats your point ?
Bernanke will cut rates again since global economy is dependent on US consumption. :lol
I can live with that.
He'd be wrong not to cut the rates.
Posted 15 October 2007 - 09:44 PM
Posted 15 October 2007 - 10:20 PM
"He'd be wrong not to cut the rates."
Yea, it would "just wrong" to not give the retired, disabled, and low income folks in the U.S. another huge round of inflation to try and deal with-so that "Cramers people" can be assured profits.
Posted 15 October 2007 - 10:55 PM
I would've never argued against the rate cut and never did.
The problems are too real to ignore and the economy must be bailed out before they got out of control.
Global growth of course is a solid counterbalancing force, but rates must go down.
"He'd be wrong not to cut the rates."
Yea, it would "just wrong" to not give the retired, disabled, and low income folks in the U.S. another huge round of inflation to try and deal with-so that "Cramers people" can be assured profits.
Yes, lets crash the economy completely, trigger a snowball of defaults in corporate and minuciapals, and leave millions unemployed, homeless and in poverty. But we'll feel moraly superior. .... manure.
Edited by thespookyone, 15 October 2007 - 11:00 PM.
Posted 15 October 2007 - 10:55 PM
I would've never argued against the rate cut and never did.
The problems are too real to ignore and the economy must be bailed out before they got out of control.
Global growth of course is a solid counterbalancing force, but rates must go down.
"He'd be wrong not to cut the rates."
Yea, it would "just wrong" to not give the retired, disabled, and low income folks in the U.S. another huge round of inflation to try and deal with-so that "Cramers people" can be assured profits.
Yes, lets crash the economy completely, trigger a snowball of defaults in corporate and minuciapals, and leave millions unemployed, homeless and in poverty. But we'll feel moraly superior. .... manure.
Posted 16 October 2007 - 05:01 AM