tag:blogger.com,1999:blog-33693245.post1217567954772094921..comments2024-03-04T23:40:58.133+05:30Comments on The Big Picture: Should central banks save markets?The Big Picturehttp://www.blogger.com/profile/06018983225756352176noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-33693245.post-29646975751746374852007-08-31T19:59:00.000+05:302007-08-31T19:59:00.000+05:30The WSJ has a piece today about how what we are fa...The WSJ has a piece today about how what we are facing today is due to what the US Fed did earlier ... with the interest rates being kept low for a very long time, too much credit - and thus excessive risk taking ... When the going was good, people made money ... So, yea, a tight rope - how does one not allow the entire system to fail while letting a few segments fail ... there is real danger to reinflating the bubble as it wereKrishnanhttps://www.blogger.com/profile/10392990372263068251noreply@blogger.com