And inflation keeps going up.
To: Hydroshock; Moonman62; ex-Texan
This is not going to solve anything.
2 posted on
08/17/2007 5:23:05 AM PDT by
Hydroshock
("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
To: Hydroshock
“Quick, the horse got loose, close the barn door!”
3 posted on
08/17/2007 5:24:39 AM PDT by
Denny0205
(Life is tough; it's even tougher if you are stupid.)
To: Hydroshock
While this may help with short term liquidity, it is nowhere near the 2%-3% cut that will be necessary to resolve the mortgage mess and prevent the coming crash.
4 posted on
08/17/2007 5:26:37 AM PDT by
Old_Mil
(Fred Thompson isn't the second coming of Reagan; He's the second coming of Dole.)
To: Hydroshock
Wonder when they made the announcement. Dow futures were down 100 points. Fed jumped in there, looks like they rushed to announce before the market opened.
7 posted on
08/17/2007 5:30:02 AM PDT by
Greg F
(The Congress voted and it didn't count and . . . then . . . it didn't happen at all.)
To: Hydroshock
Loaning money at 5.75% will keep inflation going up?
16 posted on
08/17/2007 5:49:51 AM PDT by
Toddsterpatriot
(Ignorance of the laws of economics is no excuse.)
To: Hydroshock
Welfare for the wealthy.... What the Fed is doing is lowering the cost for banks to offload crap. Discount window borrowings need not be treasury securities as would be repo’d via fed funds. Most significant is the second release this morning: the term on discount window borrowing is expanded to 30 days. Sheesh. Thank goodness we won’t let some hedge funds and banks that made bad loans pay the price. Oh, and stick a fork in the US Dollar: it’s done. Since we are socializing and monetizing all the crap mortgage loans, who wants dollars anymore?
40 posted on
08/17/2007 6:49:43 AM PDT by
nj_pilot
To: Hydroshock
Yeah, but your Countrywide, WaMu and Wachovia ain’t filing for bankruptcy next week.
48 posted on
08/17/2007 6:56:39 AM PDT by
BlabItGrabIt
(Sly, Shy, and Wry)
To: Hydroshock
We’re in a deflationary period. Anyone who uses or thinks “inflation” is stuck in a long-gone cycle.
NOTE: home prices do not tend to decline during periods of inflation. Debt prices (the inverse of interest rates on debt), do not tend to decline during periods of inflation.
Credit crunches from a lack of money do not tend to occur during inflationary periods, either.
SHORT VERSION: NOT INFLATION...DEFLATION.
54 posted on
08/17/2007 7:02:36 AM PDT by
Southack
(Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
To: Hydroshock
This is huge! Loans will be fantastically cheaper the info voice on the radio just said.
86 posted on
08/17/2007 10:06:48 AM PDT by
RightWhale
(It's Brecht's donkey, not mine)
To: Hydroshock
88 posted on
08/17/2007 10:13:30 AM PDT by
RockinRight
(Fred Thompson once set fire to a crowd of liberals simply by puffing his cigar and staring real hard)
To: Hydroshock
Inflation? Sudden tightness in the money supply is notinflation.
96 posted on
08/17/2007 4:25:31 PM PDT by
bvw
To: Hydroshock
looks like the market likes it.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson