Fed stands pat but says will act if needed

Comments (4)
mtowner wrote:

Yeah…he’s got all sorts of silver bullets left in his holster….like dropping the Fed Funds Rate to -2.00%….BWAHHHHHHHHHH LOL

Apr 25, 2012 9:10pm EDT  --  Report as abuse
randburg100 wrote:

The Fed is a nothing but a bunch of fraudsters…go & watch The Money Masters on Youtube!

Apr 25, 2012 12:59am EDT  --  Report as abuse
RoaringFish wrote:

Yeah… if it is on YouTube it must be true!

There are arguments that the current interest rates are artificially low, but with an obstructionist Congress doing their best to sabotage the US economy it is difficult to see what else the Fed could do.

Republicans all whine about the Fed because they want to blame anybody and anything, except themselves, for the Republican recession in 2008. The Fed is a convenient scapegoat.

Apr 26, 2012 7:01am EDT  --  Report as abuse
SanPa wrote:

The US is blessed with a New Economy. Why not expand the blessing with a new reserve standard … the kind that existed in the US for 200 years before Nixon’s accursed action.

Apr 26, 2012 11:59am EDT  --  Report as abuse
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