[dirtboy]

Rudebusch suggested the Fed needs to explain what it hopes to achieve with its various new programs to ease conditions in specific credit markets.

It's rather simple, really - the Fed is now trying to push a rope.

[sickoflibs]

Instead of trying to create demand AND stop deflation at same time, how about letting deflation take it’s course, and letting the lower prices and costs be the stimulus? This would include the government cutting spending, I know, not happening, ever.

Remember when dems acted upset over high gas prices? now they are doing everything to raise them again.