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And to think, the crisis we brewed by rates held too low too long can only be addressed by guess what---attempts at lower rates. If the Fed wasn't "printing" money, they'd have to let rates go where the market would take them---up, to compensate for risk. That should have been done years ago.
And to think, the crisis we brewed by rates held too low too long can only be addressed by guess what---attempts at lower rates.
If the Fed wasn't "printing" money, they'd
have to let rates go where the market would take them---up, to compensate for risk. That should have been done years ago.
of @ Dec 16, 2008 15:23:41 PM
Kirk Shinkle is a senior editor at U.S. News. He writes daily about ups and downs in equity markets, sectors and stocks. Formerly, he covered business and economics on both coasts for Investor's Business Daily.
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of @ Dec 16, 2008 15:23:41 PM
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