meltdown thomas woods

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Posted by admin | Posted in Most Popular | Posted on 10-05-2010

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meltdown thomas woods
Has Ben Bernanke lowered interest rates?

I'm reading the book "Meltdown" by Thomas Wood. He writes that Allen Greenspan had set the interest rate of around 4.5%, Bernanke and was looking to put around 0%. Just curious to see if anyone knows. I'm not Greenspan asking.

Yes Bernanke has been forced to take on huge cuts in interest rates in order to provide a monetary stimulus to the economy. Since Bernanke took over the interest rate has been reduced from 4.75% in March 2006 to 0.25% today.


Countdown to Meltdown


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Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse


Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse


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Here, Woods offers a decidedly free-market, conservative approach to the worldwide financial collapse of 2008 09. He explains his take on what led up to the current economic crisis, who’s really to blame (namely, the Federal Reserve System), and why government bailouts won’t work. Woods’s views will appeal to listeners concerned about how the financial crisis impacts them as well as to business le…

Rollback: Repealing Big Government Before the Coming Fiscal Collapse


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Thought the last financial crisis was scary? Just wait…it’s going to get worseAmerica is on the brink of financial collapse. Decades of political overpromising and underfunding have created a wave of debt that could swamp our already feeble economy. And the politicians’ favorite tricks—raising taxes, borrowing from foreign governments, and printing more money—will only mak…

Meltdown (An Unabridged Production) [5-CD Set]; A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse


Meltdown (An Unabridged Production) [5-CD Set]; A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse


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In Meltdown, the free-market answer to the Fed-created economic crisis, New York Times bestselling author Thomas E. Woods, Jr., explains what led up to the current economic crisis, who’s really to blame, and why government bailouts won’t work….

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