Fed Open Market Committee: Next verse, same as the last: No change to benchmark rate plans (to...


Fed Open Market Committee: Next verse, same as the last: No change to benchmark rate plans (to freeze them near zero until mid-2013). Twist continues as the central bank extends average maturity of holdings. Evans dissents again, wanting more easing.
Comments (5)
  • torahislife
    , contributor
    Comments (400) | Send Message
     
    Dear Fed

     

    Thank you for finally doing nothing! Keep up the good work.
    13 Dec 2011, 02:24 PM Reply Like
  • Jackson999
    , contributor
    Comments (471) | Send Message
     
    Dire Straights was right so long ago:

     

    "Money for nothing and chicks for free..."
    13 Dec 2011, 02:41 PM Reply Like
  • jschroe36
    , contributor
    Comments (66) | Send Message
     
    Mark Knopfler
    13 Dec 2011, 03:22 PM Reply Like
  • Jackson999
    , contributor
    Comments (471) | Send Message
     
    Yes, Mark Knopfler was the lead guitarist and vocalist for Dire Straits.
    13 Dec 2011, 03:44 PM Reply Like
  • WMARKW
    , contributor
    Comments (10786) | Send Message
     
    And yet...the major mission of the Fed is to inspire confidence in the fiat money system.....I'm feeling it ;). How about you?
    14 Dec 2011, 12:13 AM Reply Like
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