Fed's move a real fix?
description: The Federal Reserve’s $200 billion move on March 11 was perfectly timed to prevent a panic in the financial markets. But that doesn’t really fix anything, says MSN Money’s Jim Jubak. It just buys the economy time to recover.
Tags
03/12/08
03/12/08
Fed's
Fed's
financial services
financial services
fix
fix
investing
investing
Jim Jubak
Jim Jubak
Jubak's Journal
Jubak's Journal
msn money
msn money
simple strategies
simple strategies
Will Fed’s move really help?
Will Fed’s move really help?
Comments
Mr. Jubak, I watch your vidios almost daily. I have two issues. -401k possible collapse when we baby boomers retire in just 5years and 'run the bank'. -Life insurance reserves depleation as we start to croak in massive numbers. I suspect it will be much like the crisis with the leveraged insurance programs for investor houses. Basicly underfunded. It seems to me that the Fed giving $200M to the investment houses is throwing bad money after worse money. You? Thanks, Jim Nash, PA -
pajimdiver1
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