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Forum - Does the Fed REALLY control interest rates?
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| sorry | Posted: Apr 29, 2010 - 21:05 |
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 Level: 12 CS Original | http://towneforcongress.com/economy/does-the-federal-reserve-really-control-interest-rates-1</p> I know nothing on this topic, but I thought some of you may be interested in reading this. | |||||
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| lofihigain | Posted: Apr 29, 2010 - 21:30 |
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Level: 0 CS Original | I can't claim to know any more about this than you do, but I learned in macroeconomics that the Fed reacts to and interacts with the market on a very deep level. It adjusts rates, and gives certain institutions preference. Sorry I can't be more specific, it's been a very long time, and I never fully understood it to begin with. Either way, people tend to overemphasize it. The Fed controlling/adjusting interest is not the same thing as the Fed being able to do whatever it wants with rates; it doesn't have complete control. I think it needs a lot more oversight, however. | |||||
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| Edward L Winston | Posted: Apr 29, 2010 - 23:01 |
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 President Dwayne Elizondo Mountain Dew Herbert Camacho: porn star and five-time ultimate smackdown wrestling champion! Level: 150 CS Original | I'l respond: Yes | |||||
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