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FOMC minutes: More tools ahead after the Twist? "A number of participants saw large-scale...

FOMC minutes: More tools ahead after the Twist? "A number of participants saw large-scale asset purchases as potentially a more potent tool that should be retained as an option in the event that further policy action to support a stronger economic recovery was warranted."
Comments (3)
  • Morg
    , contributor
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    Because the last two rounds of asset purchases worked so well?....
    12 Oct 2011, 02:09 PM Reply Like
  • untrusting investor
    , contributor
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    Morg,
    Well they worked great for the speculators and Wall Street anyway. But granted not so great for average americans and the broader american economy.
    12 Oct 2011, 02:14 PM Reply Like
  • BLUK
    , contributor
    Comments (12) | Send Message
     
    ASSET purchases? It must be my unfamiliarity with the english language, but where I come from ASSETS are typically something with value, if not secure cash flow potential.
    12 Oct 2011, 04:47 PM Reply Like
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