Which Comes First: The Cart or the Horse?
Oct 30th, 2007 | By Michael Shedlock | Category: Macro Economics
THE CREDIT CRUNCH THAT WE ARE EXPERIENCING right now seems to be in the front of everyone’s mind. Questions abound and solutions that actually stand a chance of working are hard to come by. A reader recently e-mailed me this question: "What prevents the Fed from sending every household $100,000?"
Just ...read more
