You nailed it, there is a lot of fear out there, the money is on the table but no one is stepping forward. I don’t blame Ben for standing out with such comments because the fear factor might move the herd into self fulfilling the double dip!
You nailed it, there is a lot of fear out there, the money is on the table but no one is stepping forward. I don’t blame Ben for standing out with such comments because the fear factor might move the herd into self fulfilling the double dip!
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I’m with Joe. In fact, I think keeping the Fed keeping rates low is hurting the economy. It has wiped out a lot of purchasing which is desperately needed at this point. Businesses aren’t borrowing because rates are too high they are not borrowing because they are scared.
DIY
I’m with Joe. In fact, I think keeping the Fed keeping rates low is hurting the economy. It has wiped out a lot of purchasing which is desperately needed at this point. Businesses aren’t borrowing because rates are too high they are not borrowing because they are scared.
DIY
DIY Investor recently posted..This Time its Different
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On another note, I am not a fan of double dipping, I think we’ll get out of the woods, slowly but painfully….
On another note, I am not a fan of double dipping, I think we’ll get out of the woods, slowly but painfully….
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I am sure that the Fed would take action if the outlook was to continue to deteriorate, but with interest rates already at record lows and unemployment stuck at 10%, I have zero confidence that any of Ben’s tools would make a difference. Do you?
I am sure that the Fed would take action if the outlook was to continue to deteriorate, but with interest rates already at record lows and unemployment stuck at 10%, I have zero confidence that any of Ben’s tools would make a difference. Do you?
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