Tue 2008-10-07 00:00 EDT
What (Really) Happened in 1995? - Aaron Krowne - iTulip.com Forums
(2006-08-03); How the Greenspan Fed Screwed Up in the Mid-90s and set the stage for the Greatest Financial Bubble in the History of the World
Tue 2008-10-07 00:00 EDT
(2006-08-03); How the Greenspan Fed Screwed Up in the Mid-90s and set the stage for the Greatest Financial Bubble in the History of the World
Fri 2008-02-22 00:00 EST
Between The Lines > Inside Bernanke's Brain - The Fed's Response To The Crisis, by Aaron Krowne; "Fed doesnt actually control rates, at least not directly. It only sets a TARGET"; "in times of great distress (as now), the rates can get away from the Feds grasp, and it becomes important to distinguish. Specifically, if the Fed were to try to force the funds rate up to the 4.5% target while they were naturally trading around 3%, they would actually have to WITHDRAW liquidity from the system, causing a catastrophic deflationary spiral."
Wed 2007-09-26 00:00 EDT
Between The Lines > Is The Fed Flushing Out The "Excess Credit" Demons? by Aaron Krowne; reserve requirements relaxation by Fed more important than rate changes