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I especially liked the fetching image of Helo Ben.
1 posted on 02/22/2010 7:33:34 AM PST by shove_it
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To: shove_it

Inflation isn’t why the Fed raised the discount rate.

The Fed has signaled that they’re going to withdraw the easy credit and liquidity measures put in place to “rescue” the banking sector. The discount rate raise means that the Fed wants to transition back to being the lender of last resort, rather than being the lender of first resort.


2 posted on 02/22/2010 7:37:48 AM PST by NVDave
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To: Frantzie

Censor ping.


3 posted on 02/22/2010 7:43:16 AM PST by blam
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To: shove_it

the imagery of greenbacks as toilet paper tells us all we need to know here


4 posted on 02/22/2010 7:43:53 AM PST by Buckeye McFrog
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To: shove_it

“Inflation: Why Markets Ignored the Fed Rate Hike”

####

Hike? More like a pip squeak hikette.

WAY too little, and WAY too late.


5 posted on 02/22/2010 7:47:56 AM PST by EyeGuy
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To: shove_it

I hope someone takes that picture down. That is a disgrace to the flag.


9 posted on 02/22/2010 11:41:50 AM PST by CharlesWayneCT
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