Archive for the ‘recession’ tag
Interest crash dive on Bernankes statement
By up state bonds
U.S. interest rates fell to the ground by stones as the central bank the Federal Reserve tonight announced that it will buy heavily in state bonds to accelerate the end of the recession that has hit the country.
Is this a good plan?
This makes me wonder if this tactic at all is possible to go through with. I mean, without being educated in the financial sector, this kind of step seems to be a panicing act with great ambitions: Speeding up the recession. read my views on wether it is a good idea to buy up state bonds here