The Fed & *%@!#^ Bernanke

[kenny]

So it hasn't worked, so they're going to do it again! WTF

Look, I'm certainly not an economist, but if low interest rates make no difference to borrowers, why not raise interest rates to 4-5% and see if that works. At least lenders and investors could make some money.

"Fed officials also are concerned that their policies cannot fix some of what is ailing the economy. Low interest rates make no difference to borrowers who cannot qualify to refinance or businesses that cannot persuade banks to take risks. Each successive round of Fed interventions has produced a diminishing return as interest rates are compressed toward zero. Inflation has remained at roughly 2 percent a year, the level the Fed regards as healthy."

[Baby Tran Cat]

double edged sword...cant raise rates looking at a possible double dip to recession...that would choke the growth (if any) potential...i understand the frustration as an investor BUT we are the minority of the people effected by rates being so low...doesn't seem like it but large companies are benefitting at these lower borrowing costs...we are seeing some corporate spending...just going to take a while to filter through the pipe...look beyond CD's and the norm to strong balance sheet corporations...buy their debt instead...keep maturity within five to seven years...can find 6%