[RKBA Democrat]

We’ll see whether it works. I don’t like the fact that this Fed seems to do little other than react to the daily swings in the stock markets.

[montag813]

We’ll see whether it works. I don’t like the fact that this Fed seems to do little other than react to the daily swings in the stock markets.

And the last Fed in 2004 urged Americans to take out ARMs and urged lenders to relax loan qualifications. That didn't work out too well either. Perhaps it's time to scrap it altogether.