Somehow I don't believe the Fed is going to solve the credit problem and thus the housing problem and thus the stock market problem (Well, maybe the stock market, who can understand their thinking?) with a wave of their interest rate wand.
Like in Stardust, the witch can turn a goat into an innkeeper, but he still eats the scenery. And every time she used her magic, she loses a bit more of her glamour spell.
There will be consequences down the road to making money easier to borrow. Isn't that how we got into this mess in the first place? Not saying they shouldn't have done it, just that it isn't the magic answer.
Like in Stardust, the witch can turn a goat into an innkeeper, but he still eats the scenery. And every time she used her magic, she loses a bit more of her glamour spell.
There will be consequences down the road to making money easier to borrow. Isn't that how we got into this mess in the first place? Not saying they shouldn't have done it, just that it isn't the magic answer.