Bernanke telegraphed this move a long time ago, read his famous
'printing press' speech from 2002....he said , if faced with
deflation, he would cut rates to 0, then buy treasuries therby
lowering mortgage rates...it's all there...
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Bernanke telegraphed this move a
10yr
Posted by jbarry on 1st of Dec 2008 at 03:26 pm
Bernanke telegraphed this move a long time ago, read his famous 'printing press' speech from 2002....he said , if faced with deflation, he would cut rates to 0, then buy treasuries therby lowering mortgage rates...it's all there...