WSI TV - The Worst Recession in 25 years?

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Uploaded by on Oct 3, 2007

On September 18 the Fed cut its target for the fed funds rate by 50 basis points (0.5 percentage points), from 5.25% to 4.75%. The move surprised many analysts who had been expecting a more modest cut of 25 basis points. For those versed in the Austrian theory of the business cycle, as developed by Ludwig von Mises, the aggressive Fed "stimulus" is ominous indeed. Not only will it pave the way for much higher price inflation than Americans have seen in decades, but it will also exacerbate what could be the worst recession in twenty-five years.

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Top Comments

  • "Housing Bubble? Nah... It's all imaginary" 

    Where are these clowns now?

  • I don't know exactly when, but there is a coming economic earthquake that this country has never before seen. Way too much debt, both government and individual. It is coming.

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All Comments (12)

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  • I AM the 80s!!

  • Yes, she is very nice, and she knows basis of economy... Too good to be truth;)

  • Wow... an incredibly beautiful woman that knows and speaks the truth about the economy crisis.

    I would like to get her number...

  • Is this the soft landing we were told to expect?The business bimbos on tv talk as though the housing crash is a minor bump in the road.The wall street carnival barkers are telling us that now is the time to buy financials.What a joke.

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