March 11, 2008
– Comments (3)
Now, let's hold a vote: do you mind Bernanke slashing the federal funds rate to 0%?
a. Yes, I don't mind it.
b. No, I don't mind it.
Enjoy your choices.
Why does everyone continue to insult this very generous man?
But he will stop at 1%. Isn't that where his Master stopped?
The analogy does not apply. Housing was cheaper then. You need a cheaper credit to prop up a more expensive house.