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but that's not the same thing. injecting money is easy, interest rates have much wider-reaching implications. requiring responsible decision-making. |
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So what you're saying is the Fed is making a temporary fix to a short-term problem instead of a making a long term solution. Does that mean that there is more long term market problems to come? I'm not sure if Cramer was seeking liquidity solution in the short term (sorry don't remember what he wanted specifically the Fed to do, I thought it was lowering interest rate). If this mortgage turns out to be a tip of the iceberg, more injection?