Fed Cut Archive

Re: Fed cut

[Skip to the end] (email exchange) The Fed has no way of ‘pumping money into the economy’ = they only alter interest rates. Except by making loans they don’t plan on collecting (the swap line advances to CB’s?) Which is functionally equivalent to fiscal spending which does add income and financial assets ...Read More

Re: fiscal response

On 04 Jan 2008 22:29:03 +0000, Prof. P. Arestis wrote: > Dear Warren, > > Many thanks. > > This is all interesting. The sentence that caught my eye is this: “A fiscal > package is being discussed to day by Bernanke, Paulson, and Bush. That > would also reduce the odds ...Read More


(email) On Jan 4, 2008 10:43 AM, Mike wrote: > Warren, right now economic sectors in stock mkt are pricing in a severe > recession-your call on no recession is extremely out of consensus now-I > think that mkt has overdone the recession theme short term… Agreed! We may get to 0 ...Read More