A Fed Rate Hike Won't Solve the Current Crisis - Seekingalpha.com
Story date: 2008-07-24 05:15:00
Added on: 2008-07-26 02:39:47
Money is already tight in virtually all areas. Trying to combat inflation by raising interest rates would only further tighten the money supply. Of course, the Fed can supply money in other ways, but that would not compensate for the contraction due ...
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