Well the Fed can only increase/decrease interest rates and/or increase/decrease money supply. Given the interest rates are already low and they've already tried two major rounds of increased money supply via QE1&QE2, what they've announced today is all they have left in their arsenal. I think asking the Fed to bail us out is the wrong the solution at this point. I think Fiscal policy and the free market forces are the only ways out of this mess.
Well the Fed can only increase/decrease interest rates and/or increase/decrease money supply. Given the interest rates are already low and they've already tried two major rounds of increased money supply via QE1&QE2, what they've announced today is all they have left in their arsenal. I think asking the Fed to bail us out is the wrong the solution at this point. I think Fiscal policy and the free market forces are the only ways out of this mess.
Hot Forum Topics
