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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. >> that's why you and i get along. >> bill: lowe is a smart guy. cavuto, i don't know anything. but if bernanke is going out there saying you know what?...

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. >> that's why you and i get along. >> bill: lowe is a smart guy. cavuto, i don't know anything. but if bernanke is going out there saying you know what?...

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. >> that's why you and i get along. >> bill: lowe is a smart guy. cavuto, i don't know anything. but if bernanke is going out there saying you know what?...