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Reply #3: I agree [View All]

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Home » Discuss » Topic Forums » Economy Donate to DU
Celebration Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-01-08 06:28 PM
Response to Reply #2
3. I agree
This does look significant. The Fed is usually the lender of last resort, isn't it? I am not sure why shd thinks raising interest rates would help. I know the risk of inflation, even hyperinflation, down the road, but I am not sure they have much choice.

I think her premise overall is that, but for our military might, other countries would not put up with our fiscal situation. She feels we are holding a gun at everyone's back to take our paper.
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