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Fed Will Buy $600 Billion in Debt, Hoping to Spur Growth

http://www.nytimes.com/2010/11/04/business/economy/04fed.html?_r=1&hp

by jesseendahl • 16 years ago

3 2 16 years ago

NY

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jdavid• 16 years ago

It would be nice if the Fed was putting this much effort into lowering the interest rate on credit cards, and other actual consumer fees, that could effect buying power for computers, technology software, and Christmas.

Restoring the housing bubble seems of little overall value for the winter, when housing sales are slow anyways.

1010011010• 16 years ago

Turn off the printing press, Ben, before the dollar is worthless. You can't create wealth by printing money, even if Paul Krugman says you can.

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