Free Republic
Browse · Search 		News/Activism
Topics · Post Article

To: Hydroshock
The ECB and the Fed for throwing money out to cover them both.

Providing liquidity is the same as throwing money out?

69 posted on 08/10/2007 10:21:19 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
[ Post Reply | Private Reply | To 68 | View Replies ]

To: Toddsterpatriot

This was like air dropping diesel on a forest fire. It will not solve the 2 underlying causes of the problem, trillions in home values lost adn teh arms that are resetting. If anything this will make it worse.


70 posted on 08/10/2007 10:29:23 AM PDT by Hydroshock ("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
[ Post Reply | Private Reply | To 69 | View Replies ]

Free Republic
Browse · Search 		News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson