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Griff · 01-17-2008, 05:15 PM

Okay we had loose monetary policy so too many dollars were looking for something to do. This lead to a lot of bad loans. The bad loans are freaking everybody out so the Feds need to loosen monetary policy? I'm just trying to follow the ball here. Neat how this is blowing up in an election year.

01-17-2008, 05:15 PM	#1
Griff still says videotape Join Date: Feb 2001 Posts: 26,813	What am I missing? Okay we had loose monetary policy so too many dollars were looking for something to do. This lead to a lot of bad loans. The bad loans are freaking everybody out so the Feds need to loosen monetary policy? I'm just trying to follow the ball here. Neat how this is blowing up in an election year. __________________ If you would only recognize that life is hard, things would be so much easier for you. - Louis D. Brandeis