Quote of the day
#1
Posted 15 February 2007 - 11:11 AM
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#2
Posted 15 February 2007 - 11:14 AM
#3
Posted 15 February 2007 - 11:46 AM
- kisa
#4
Posted 15 February 2007 - 12:23 PM
#5
Posted 15 February 2007 - 01:00 PM
Ok heard Ben say now "a sell off in securities will result in Fed raising rates".
Now that's expected, but for him to admit it.. wow.
But won't the Fed raising rates result in a sell off in securities? Geez, I am gonna dust off that transitive property from math class...
#6
Posted 15 February 2007 - 01:05 PM
Ok heard Ben say now "a sell off in securities will result in Fed raising rates".
Now that's expected, but for him to admit it.. wow.
What da?!?
#7
Posted 15 February 2007 - 01:27 PM
Ok heard Ben say now "a sell off in securities will result in Fed raising rates".
Now that's expected, but for him to admit it.. wow.
What da?!?
In context, he was replying to the question regarding foreign buying of US treasuries. If the foreign buying were to stop or the foreigners would sell (which would increase rates anyways), Ben said he would raise rates to make treasuries more attractive. Thats all under the assumption that foreign support of US debt stops.