who killed the economy?!?!

[bumpin buick 5,000+ posts]

Actually...bubbles are created with excess supply...which is kinda what you are saying. If there is an excess supply of oil that we don't know about...and it becomes available, then there would certainly be a situtation that would create a bubble.
If there is not excess supply, there can be no bubble.

exactly, over valuing occurs when there is excess supply. We are on the same page but using different terms.

 

[Buck 5,000+ posts]

bush

no

 

[Flipx99 5,000+ posts]

exactly, over valuing occurs when there is excess supply. We are on the same page but using different terms.

I thought we were saying the same thing... //content.invisioncic.com/y282845/emoticons/smile.gif.1ebc41e1811405b213edfc4622c41e27.gif

 

[richierich75 10+ year member]

Yes. They do this by buying or selling bonds, known as open market operations.

But it also affects/index's the borrowing rates at banks, credit card interest rates, home loan rates etc, correct?

 

[richierich75 10+ year member]

Yes. They do this by buying or selling bonds, known as open market operations.

I can read Wikipedia too Flip, next time just provide the link and not try to make yourself look smarter than you are

 

[Flipx99 5,000+ posts]

But it also affects/index's the borrowing rates at banks, credit card interest rates, home loan rates etc, correct?

Yes. Many financial institutions use this as an index in which to base the rates the offer. Another popular index is LIBOR.

 

[Flipx99 5,000+ posts]

I can read Wikipedia too Flip, next time just provide the link and not try to make yourself look smarter than you are

What link? I study this all day....I don't need wikipedia for this stuff.

 

[duece212 5,000+ posts]

I don't know who killed the economy, but I know that video killed the radio star....bastard video

 

[speedfreak28 10+ year member]

ill tell you who stole those lunches, it was that **** sasquatch...

 

[ctt0002 10+ year member]

WE killed the economy. Plain and simple

 

[richierich75 10+ year member]

Yes. Many financial institutions use this as an index in which to base the rates the offer. Another popular index is LIBOR.

So basically, what I said "lowering the federal interest rate" and what you said "lowering the federal target rate," ultimately means the same thing and ultimately had the same effect; but yet you felt the need to say that what I said was wrong and that I was an idiot; not that I care what you think; but rather that what I said was still correct in the sense that they are one in the same meaning.

 

[Flipx99 5,000+ posts]

So basically, what I said "lowering the federal interest rate" and what you said "lowering the federal target rate," ultimately means the same thing and ultimately had the same effect; but yet you felt the need to say that what I said was wrong and that I was an idiot; not that I care what you think; but rather that what I said was still correct in the sense that they are one in the same meaning.

But they aren't the same at all. Just because the fed has the target of x.xx%, it does not mean the market will follow the target. They do not on a daily basis.

 

[richierich75 10+ year member]

But they aren't the same at all. Just because the fed has the target of x.xx%, it does not mean the market will follow the target. They do not on a daily basis.

again, throw your text books and theories out the fvckin window Flip; what actually happened contradicts your statement; the market did follow the target and that is where we are today!!!

 

[Flipx99 5,000+ posts]

again, throw your text books and theories out the fvckin window Flip; what actually happened contradicts your statement; the market did follow the target and that is where we are today!!!

Would you like to wager on that? As in today, right now? I can check, but I don't think the actual fed funds rate is at the taget. One of the posters here has a bloomberg machine to check.

 

[richierich75 10+ year member]

again, throw your text books and theories out the fvckin window Flip; what actually happened contradicts your statement; the market did follow the target and that is where we are today!!!

Would you like to wager on that? As in today, right now? I can check, but I don't think the actual fed funds rate is at the taget. One of the posters here has a bloomberg machine to check.

I was not saying at this very point in time Flip, my statement simply says that the market followed the cut and lowered their rates and made it easier and cheaper for people borrow money; is that not true?