Reply With QuoteYea boy!!! GOGO TECH SECTOR
Stock prices surge on new Fed plan (AP)
Results 1 to 10 of 10
-
12-12-2007, 08:30 AM #1I'm CEO, Bitch! ADMINISTRATOR
- Join Date
- Nov 2000
- Gender
- Location
- A Virtual Reality
- Posts
- 53,757
- Rep Points
- 1600942420
Stock prices surge on new Fed plan (AP)
AP - Wall Street shot higher Wednesday after the Federal Reserve announced a plan to work with other central banks to alleviate a global credit crisis. The Dow Jones industrials surged more than 180 points.
Read More...
-
12-12-2007, 08:57 AM #2Registered User
- Join Date
- Nov 2004
- Gender
- Location
- Central Jersey
- Posts
- 1,866
- Rep Points
- 195351
-
12-12-2007, 10:08 AM #3Senior Member ELITE MEMBER
- Join Date
- Mar 2005
- Gender
- Location
- Philly
- Posts
- 8,299
- Rep Points
- 76475741
Freezing mortgage rates?
-
12-12-2007, 10:20 AM #4Metrosexual ELITE MEMBER
- Join Date
- Jul 2004
- Location
- In a van, down by the river...
- Posts
- 28,875
- Rep Points
- 922623595
This is nothing more than forestalling the pain to later...when it'll be much worse.
So many cries of inequality stem from one of group
of people doing little or nothing and then bitching
about another group that actually does something
to improve their lives.
-
12-12-2007, 10:44 AM #5Registered User
- Join Date
- Dec 2006
- Posts
- 2,418
- Rep Points
- 1917581
I thought republicans liked small government? Market Forces? Less Regulation?
-
12-12-2007, 10:47 AM #6Moderator MODERATOR
- Join Date
- May 2003
- Location
- Elsewhere
- Posts
- 15,179
- Rep Points
- 122054778
The best way to alleviate credit problems is to open up more lines of credit? Damn, I think I will do that.
If sense were common, everyone would have it.
4/2007-Current 75th Ranked most popular image 1 spot behind Prince's bulge...
-
12-12-2007, 11:52 AM #7Senior Member ELITE MEMBER
- Join Date
- Mar 2005
- Gender
- Location
- Philly
- Posts
- 8,299
- Rep Points
- 76475741
That is the American way. Just pay off one credit card with the other.
Originally Posted by Dale Mabry
-
12-12-2007, 02:36 PM #8primeau
- Join Date
- Nov 2004
- Gender
- Location
- Tucson
- Posts
- 4,276
- Rep Points
- 45171509
THere is a lot of truth in that statement. Originally Posted by DOMS
Traditional economist have been calling for hiking rates....let the NSYE take a hit so the value of the dollar will stop falling, but the fed has something much more subtle and sneaky:
since we are a floating currency mandated by the brettonwoods agreement, we can't just push the currency value up or down, but we can manipulate it by interest rates and currency production. The fed WANTS the value of the dollar to fall. A weaker dollar is good for out export oriented business (aka big business manufacturing) and its done by dropping interest rates, which pushes up the stock market.
The only problem is that the stock market doesn't represent the country's well being as a whole.
I'm not sure which stance is more correct....I guess it will depend on where my investments are at in the next 5-10 years. I'm still in school, so my net worth is negative. This masters degree better be worth it
-
12-12-2007, 06:31 PM #9Senior Member ELITE MEMBER
- Join Date
- Mar 2005
- Gender
- Location
- Philly
- Posts
- 8,299
- Rep Points
- 76475741
What is the Brettonwoods agreement?
-
12-12-2007, 08:13 PM #10primeau
- Join Date
- Nov 2004
- Gender
- Location
- Tucson
- Posts
- 4,276
- Rep Points
- 45171509
DB, the BrettonWoods agreement was a convention in NH post WWII. Its purpose was to bring economic and monetary stability to the global political economy by establishing the IMF and World Bank, both of which used the institution of the international bank of reconstruction and development. The IBRD was a lender to middle income European nations like Luxembourg, France, and UK. The BrettonWoods agreement basically made the US dollar the international currency of the world.
It was the first step to create international governmental organizations in an economic sense.
Similar Threads
-
Refeed surge- wow!
By bookstar in forum Diet & NutritionReplies: 3Last Post: 08-13-2006, 10:01 PM -
size surge 2
By rebel in forum TrainingReplies: 0Last Post: 11-02-2004, 04:18 PM -
Biotest SURGE
By Vale Tudo in forum SupplementsReplies: 8Last Post: 01-10-2003, 07:53 AM
Posting Permissions
DISCLAIMER:
All health, fitness, diet, nutrition & supplement information presented on IronMagazineForums.com's pages is intended as an educational resource and is not intended as a substitute for proper medical advice. We do not condone the use of anabolic steroids (AAS), all information about AAS is for educational and entertainment purposes only. Consult your physician or health care professional before performing any of the exercises, or following any diet, nutrition or supplement advice described on this website. As well as any exercise technique or regimen, diet, supplement, etc., particularly if you are pregnant or nursing, or if you are elderly or have chronic or recurring medical conditions. Discontinue any exercise that causes you pain or severe discomfort and consult a medical expert. The statements made about products have not been evaluated by the Food and Drug Administration (U.S.). They are not intended to diagnose, treat, cure or prevent any condition or disease. Please consult with your own physician or health care practitioner regarding the suggestions and recommendations made at IronMagazineForums.com. Neither the author of the information, nor the producer, nor distributors of such information make any warranty of any kind in regard to the content of the information presented on this website. Except as specifically stated on this site, neither IronMagazineForums.com, nor any of its authors or other representatives will be liable for damages arising out of, or in connection with the use of this site. This is a comprehensive limitation of liability that applies to all damages of any kind, including (without limitation) compensatory, direct, indirect or consequential damages, loss of data, income or profit, loss of or damage to property and claims of third parties. Sponsors pay for advertising space, we have no affiliation with the companies that have banners displayed on our websites. Please be advised it is your responsibility to check the laws that govern your country, state, or province in regards to items offered by some companies you may read about on this site.