Search This Site:

Daily WebLogs


Email, Print, Share. CLICK HERE.

Chaos on Wall Street

Apr 02, 2008

http://money.cnn.com/2008/03/28/news/economy/disaster_sloan.fortune/index.htm?cnn=yes

Here is an article from CNN Money, "Chaos on Wall Street," that tells you in simple terms the current problem and why the Fed Chairman is throwing money at it. Ben Bernanke is an expert on the 1929 crash and believes that the reason it turned into The Great Depression is because the Fed restricted the flow of money. So Bernanke is doing the opposite today, thinking that it is better to crash the dollar than to risk losing the whole economy.


Notices From GKM Admin
[Click To Expand]
Daily Weblogs
[Click To Expand]


Tags:
Category: In The News

Dr. Stephen Jones


Add Pingback