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Source:
Fed Weighs Its Options as Europe Cuts Rates
JOELLEN PERRY and JON HILSENRATH
WSJ, DECEMBER 5, 2008

http://online.wsj.com/article/SB122843724270881449.html

Category: Digital Media, Federal Reserve, Fixed Income/Interest Rates, Markets

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “Racing Towards Zero”

  1. John Borchers says:

    Now I’d love for someone to explain how you can get a depression when central banks are working in unison.

  2. Chuck Ponzi says:

    John:

    Pushing on a string.

    The tide turned. Just a question of how long it takes for the slack to come out. Otherwise, they’ll push till the cows come home.

    Chuck