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To: Kaslin
And this, from Bernanke: "It is not the responsibility of the Federal Reserve — nor would it be appropriate — to protect lenders and investors from the consequences of their financial decisions."

Who suffers the consequences when the Federal Reserve makes bad financial decisions, such as inverting the yield curve, or incorrectly blaming the economy for inflation?

4 posted on 08/31/2007 5:34:29 PM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Moonman62
Federal Reserve makes bad financial decisions, such as inverting the yield curve,

Wow! I had no idea that the Def had so much power!

It must be some mysterious instrument they now have: curve inflections.

8 posted on 08/31/2007 6:20:57 PM PDT by TopQuark
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