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September 24, 2011
Did he? effectively as he talked about raising -- well, moving $400 billion into the bond market and trying. >> bill: why would that cause the stock market to tank? >> that in and of itself did not. it was an effort to stabilize the market and at the same time, using language like significant downside risk. the fed knew exactly what they were doing which was scare the hell out of people. >> bill: wait. you know what an idiot i am in economics. >> thats why you and i get along. >> bill: lowe is a...
September 24, 2011
Did he? effectively as he talked about raising -- well, moving $400 billion into the bond market and trying. >> bill: why would that cause the stock market to tank? >> that in and of itself did not. it was an effort to stabilize the market and at the same time, using language like significant downside risk. the fed knew exactly what they were doing which was scare the hell out of people. >> bill: wait. you know what an idiot i am in economics. >> thats why you and i get along. >> bill: lowe is a...
September 24, 2011
Did he? effectively as he talked about raising -- well, moving $400 billion into the bond market and trying. >> bill: why would that cause the stock market to tank? >> that in and of itself did not. it was an effort to stabilize the market and at the same time, using language like significant downside risk. the fed knew exactly what they were doing which was scare the hell out of people. >> bill: wait. you know what an idiot i am in economics. >> thats why you and i get along. >> bill: lowe is a...