Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
European Salon de News, Discussion et Klatsch - 16 March | 118 comments (118 topical, editorial, 0 hidden)
Re: More amazingness (none / 0)
I guess the Fed had swallowed the ideological position that a central bank need only carry out only open market operations and set the base interest rate hook, line and sinker; to the point that they had forgotten how to operate the discount window.

The brainless should not be in banking -- Willem Buiter
by Carrie (migeru at eurotrib dot com) on Tue Mar 16th, 2010 at 04:12:44 PM EST
[ Parent ]

Others have rated this comment as follows:

European Salon de News, Discussion et Klatsch - 16 March | 118 comments (118 topical, 0 editorial, 0 hidden)
Display: