Sunday, October 19, 2008
Please HMG – Stop Interfering
"If there was one thing policymakers could agree on during the recent economic turbulence, it was that interest rates on U.S. home mortgages ought to come down, and fast. But as the government stepped in recently to shore up the nation's banks, those rates went up." The law of unintended consequence (One for MW and P4AC). Get a free log-in and read the comments.