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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (124263)1/15/2008 7:24:51 AM
From: T L Comiskey  Respond to of 362463
 
re
"What Friedman-Schwartz say was that incompetent government bureaucrats at the Fed had caused the Depression."

Dodo Economics.....



To: stockman_scott who wrote (124263)1/15/2008 10:00:53 AM
From: Rarebird  Respond to of 362463
 
<<Ben Bernanke should be making stronger statements and then backing them up with decisive easing," says Jan Hatzius, the bank's US economist.>>

If the banks won't lend and their customers can't or won't borrow, then the Fed is powerless.


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