SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Freedom Fighter who wrote (59527)5/17/1999 10:46:00 AM
From: Knighty Tin  Respond to of 132070
 
Wayne, I think the Fed just feels the need to keep the credit bubble expanding and the coupon passes are their way of whistling past the rate rise graveyard. Without always expanding credit, the game be over. The banks might get antsy with higher rates and the value of their derivatives turning sour, so the Fed has to buoy them up.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News