tag:blogger.com,1999:blog-11719208.post3792799367017675404..comments2023-11-05T04:36:14.223-08:00Comments on The Mess That Greenspan Made: A rate cut tomorrow?Timhttp://www.blogger.com/profile/16530974968126497397noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-11719208.post-86768887234157034792008-09-16T10:54:00.000-07:002008-09-16T10:54:00.000-07:00Rate cuts make money cheaper (helping banks' botto...Rate cuts make money cheaper (helping banks' bottom lines and usually lowering consumer lending rates), whereas, liquidity makes the system run more smoothly (actually, today, "less chaotically" would be the better description. They are two different things.Timhttps://www.blogger.com/profile/16530974968126497397noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-62707666772490640042008-09-16T09:23:00.000-07:002008-09-16T09:23:00.000-07:00So does the $50 billion in Fed-injected funds poss...So does the $50 billion in Fed-injected funds possibly eliminate the possibility of a rate cut, since the point of a rate cut is to restore lending liquidity?bookman4https://www.blogger.com/profile/09438573646861471670noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-8521843267534658372008-09-15T11:23:00.000-07:002008-09-15T11:23:00.000-07:00That's funny.That's funny.Timhttps://www.blogger.com/profile/16530974968126497397noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-53524926657387675892008-09-15T11:03:00.000-07:002008-09-15T11:03:00.000-07:00I can already see the headline for after the FOMC ...I can already see the headline for after the FOMC meeting: "Dollar surges after Fed holds rates steady"<BR/><BR/>Ridiculous.... holding rates steady at two percent is a sign of a strong currency....Anonymousnoreply@blogger.com