Delete comment from: Captain Capitalism
Right, so what can the Federal Reserve do to spur economic growth?
They can't increase the money supply, because there is a glut of capital and virtually no demand for it.
They can't lower interest rates, because they're already at record lows.
So what can the "Magical Federal Reserve Fairies" do? Imagine Cupid without any arrows in his quiver...
Oct 9, 2010, 5:35:31 AM
Posted to Looking for a Bubble