Detailed text transcripts for TV channel - FOXNEWS - 20120917:00:29:00
And why does the stock market go up? it goes up because all the interest rates, the returns on more, on safer investments, u.s. government bonds, cd's, money market funds all of those rates are down. what happens, sophisticated investors go out and other investors go out and bid up more risky assets and you're forcing people to invest in more risky assets. why should a senior citizen have to roll his or her dice in the stock market? that's what they do. it also creates commodity inflation. oil prices go up when you bring rates down, and so do food prices, a lot of negative consequences. and re...