Saturday, October 6, 2007

Should We Cheer Or Jeer Bernanke And The Fed?

A reader asked if I would share my thoughts on the views expressed in a Yahoo! Finance article written by Wharton Professor Jeremy Siegel on Thursday regarding the Fed and whether or not it should be flooding us with rate cuts.The piece, entitled Don’t Blame the Central Banks -- Thank Them, was well written and sought to comfort readers that coming to the aid of the banking industry is a good thing and could potentially help avoid a recession. Oppone[...]

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[Source: The Money Blogs]

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