whens last time fed suprised negatively?15 years ago?

[krazykarl]

Quote from saliva:

Well, yeah, he knows the game all too well. Unfortunately, on a more substantive level, had he and his cronies took drastic action by regulating the money flow before the housing bubble popped in our faces, maybe we wouldn't even be here--or at least it wouldn't be so dire of a consequence. But what happens in the end? Only the Wall Street fat cats come out alive while the rest of us get creamed.

I don't understand what you mean by "regulating the money flow" that caused the correction to be worse than it was.

 

[saliva]

Quote from krazykarl:

I don't understand what you mean by "regulating the money flow" that caused the correction to be worse than it was.

Look, I don't engage in word games if that's what you want. If you have no idea how the money flow is impacted via FOMC decisions, then that's ure problem.

*edit*
All I'm saying is that his actions were "too little, too late", no different from Greenspan. But he took it much further than Greenspan. The interest rate now hovers near ZERO and he's printing money all across the board without any consideration for inflation. Moreover, this created no noticeable effect on the general population. Only ones who truly benefited from all this are the same Wall Street fat cats who created this mess in the first place.