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Old 12-11-2007, 01:45 PM  
Snake Doctor
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Join Date: Mar 2001
Location: On top of my soapbox
Posts: 13,449
Quote:
Originally Posted by UniversalPassLorence View Post
Dude, they are not sure. They are acting under pressure. Greenspan which I admire recently said, we should have stopped the subprime loans during his watch and should have not reduced the rate that low Borrowing and prinitng money and increasing the deficit is not the answer. It is a short term answer.
Bernanke is under no pressure. The fed is independent and no matter what he does there's going to be someone who disagrees with his decision.

Nothing the fed does has anything to do with our deficit. You are very confused about this issue and should probably just quit discussing it until you learn more.
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