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  • Do I Have Any Money?

    I need some help understanding the role of money in our society as it relates to personal finances / fortunes. If the money in my wallet / checking account / investments, etc.. is borrowed from the Federal Reserve to be repaid through work / taxes, then I really don't have any money right? I am simply...
    Posted to Economics Questions (Forum) by dvdburns on Tue, Apr 14 2009
  • Re: Did the Fed go too far?

    No, i do not think the Fed went too far with the 1 point rate cut. The housing market will have a huge effect on the overall economy, and this cut will ease the problem. What WOULD be going too far are the various legislative schemes being considered that would bailout the ill-advised lenders and investors...
    Posted to Economics Questions (Forum) by mattenglish on Thu, Sep 27 2007
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