GolfHos

General => The Cantina => Topic started by: Aske on December 17, 2008, 08:20:14 AM



Title: [Econ/Dumbass] A serious question...
Post by: Aske on December 17, 2008, 08:20:14 AM
http://www.bloomberg.com/apps/news?pid=20601087&sid=afkfojOw.JOM&refer=home

so since I don't know the answer, I hope someone does....

FTFA
Quote
U.S. Stocks Fall on Concern Fed Is Running Out of Ammunition

is running out  Umm, I thought they already ran out.  Is a Negative fed funds rate even possible from a legal/policy sense? (as dumb as it is to begin with)


Title: Re: [Econ/Dumbass] A serious question...
Post by: Spanky on December 17, 2008, 10:11:21 AM
Don't look at me. I don't understand my own bank statement.


Title: Re: [Econ/Dumbass] A serious question...
Post by: spacey on December 17, 2008, 10:27:37 AM
My understanding is that this only affects the overnight rate, and that there is still some ability to manipulate longer-term rates. But my understanding could be totally baseless.