Recent Fed Rate Cut No Good, Bernanke Proposes Another Cut

By vikingotj

The whiff of more inflation is already in the air. All the positive talk in the world won’t be able to fix the grave problem we are in! Use common sense What happens when too much debt is incurred?

`It’s the clogging up of the credit markets that worries me most,” Harvard University economist Martin Feldstein said in an interview in New York. “The Fed has done a lot of cutting, the question is whether it’s going to get the traction that it did in the past.”

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