The Fed has implemented part of recommendation #1: stabilize the financial system
Summary:  Today the Federal Reserve an important step necessary to stabilize the US financial system, now in a state of virtual cardiac arrest. Delay or inadequate scale of action taking additional steps will probably have unpleasant consequences. My recommendations for our economic crisis were described in A solution to our financial crisis. Stabilize the financial system. Stabilize the economy. …
The Fed has implemented part of recommendation #1: stabilize the financial system Read More »