In 20 Minutes The Fed Will Become Irrelevant

Quote from zdreg:

in the end they will destroy the $ through inflation. unemployment will be double digit and gnp will show little or negative growth.
More...

You can't talk since to him, he is in love with Bernake and the Fed.
 
They row the economy; it’s all engineered thru the banks and the fed. Give and take, up and down. The so called business cycle. Sure it’s great for traders, but what about the rest of the population who gets scared and bails… and most of the time it’s near the bottom.

What about the seniors who must take there distribution from there IRA that is shrinking before there eyes. The Fed just makes a mess of everything they touch. BOTTOM LINE THE JUST SCREW 90% OF AMERICANS.
 
Quote from CStar:


As far as Sheila Bair goes, and my apologies, I made an incorrect spelling of her last name in my original post, She helped to get failing banks merged with healthier banks, before we experienced a run and she increased the deposit insurance amount through 2009. That helped to restore some confidence and slowed the rapid rate of withdrawals that were happening in many major banking institutions.

Pete
More...
My apologies as well, I misspelled her name too. Anyway, I wasn't happy with her when I read that she wanted to bail out the subprime borrowers.
 
You must log in or register to reply here.
Back
Top