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Oil, credit crisis & the wider economy
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Tags: agroflation  commodity  corn  credit  Dollar  economy  food  inflation  liqudity  oil  price  recession  rice  Stagflation  USA  wheat  
Channel: News & Politics
Uploaded: May 17, 2008 at 8:26 am
Author: IRTAGMedia
Length: 10:04
Rating: 5.00
Views: 1103
Alan Blinder, an economics professor at Princeton University and former Federal Reserve vice chairman, talks with Bloomberg's Kathleen Hays from Princeton, New Jersey, about the impact of record oil prices and home foreclosures on the U.S. economy, the outlook for growth and Federal Reserve monetary policy.Source: Bloomberg

Video Comments

wrb1957 (June 26, 2008 at 8:00 am)
He still didn't 'connect the dots.' To see what happens when the banks and the government end up with all of the real estate, look to Zimbabwe.
scrunchiiface (May 31, 2008 at 9:00 am)
MISSION ACCOMPLISHED!!!
scrunchiiface (May 31, 2008 at 8:59 am)
2002-2005: Fed lowers interest rates, housing continues to skyrocket, cronies on wall street get rich. 2007-2009: government borrows money from fed to try to bail out economy and housing. 2009-2012: fed gets extra $ from tax payers for interest on borrowed money. 2012: Government can't pay back $, people are slaves to fed/taxes, Economy fails, Amero released and Canada/America/mexico become one. People loose entire savings/retirement/social security and continue as modern day slaves.
JrGammel (May 23, 2008 at 2:46 am)
Spending more borrowed money (the tax rebate) is an idiotic treatment for the problem, which is exactly too much spending on borrowed money.
boots920 (May 18, 2008 at 11:57 pm)
How come not one question on the Federal Reserve being a private bank, that has never been audited. Nice smoke and mirrors piece...you good people buying this tripe ?
SolitonPL (May 17, 2008 at 4:48 pm)
FED did it! Biaaaatch!

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