Tag Archives: rising interest rates
Is the Reserve Bank crazy for raising Interest Rates ?
Personally, I can't believe they did.
I mean the recovery is barely underway and with the US still likely to suffer a double dip recession, wouldn't it make sense to at least let the Australian economic recovery get past a crawling speed before slamming on the brakes again?
Is it not somewhat premature even to think the recovery is even sustainable?
I appreciate the Reserve Bank is worried the Property Market is going to take off and create a bubble, which I agree is a valid concern, however Read more [...]
Obama's Plan To Give More Power For the Fed? Seriously?
More Power For the Fed? Seriously?
by Mike Larson 06-26-09
In last week’s Money and Markets column, I gave you a broad outline of the Obama administration’s regulatory reform scheme. This week, I want to zero in on one of its weakest links. I’m talking about the idea of making the Federal Reserve an “uber-regulator,” responsible for managing system-wide risk.
First, what in the world is system-wide risk?
Well, that’s the risk that interconnected-institutions will drag down Read more [...]
