Fed ties rates to jobs recovery, adds to stimulus

Comments (3)
Rhino1 wrote:

“new” approach???

Dec 12, 2012 9:53pm EST  --  Report as abuse
minipaws wrote:

Yeah! Corporations have shipped all the jobs overseas, we can borrow cheap money forever! Yeah! Too bad all the old people living off of interest are going to starve to death.

Dec 13, 2012 5:38am EST  --  Report as abuse
Rich_F wrote:

the ponzi scheme goes on. the fed will NEVER sell what’s on their books. at best they can try to wind down as the securities mature, but any attempt to sell them will spike interest rates and crumble the economy. heck even a 100bps rise in the interest rate will cost the US Treasury $700 billion a year on interest alone. what the government and Fed have been doing is immoral, unethical and will reap what its sown make no mistake about that.

Dec 13, 2012 8:54am EST  --  Report as abuse
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