Quote:
Originally Posted by BigJon3475
I think the Fed thinks having that tool is important. I wanted to know what you think about it. Posting a link to zerohedge doesn't do that. I know what their predictions are. Tomorrow the planet will stop spinning and fly into a black-hole.
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I just told you what I think and answered your question. I posted articles that elaborate on what it's functions are supposed to be. What the effects are going to be are yet to be seen, since it hasn't been around long.
Your assessment of the articles w/o reading them makes no sense to me. I did not read in those articles what you are describing. There is also a bloomberg and wall street journal article, as well.