Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Lady GOP
The Fed lowered benchmark interest rates to near zero in December,..

Like pushing on a piece of string, nothing happens.

5.56mm

6 posted on 03/08/2009 4:51:26 AM PDT by M Kehoe
[ Post Reply | Private Reply | To 2 | View Replies ]


To: M Kehoe

It’s the politicians who push on a string. Fed policy isn’t working because the financial system is all gummed up.


8 posted on 03/08/2009 5:00:30 AM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson