Mhmm guys, nevermind that American and European banks are inseparable, intertwined institutions and more largely the world economy depends on the Eurozone just as much as the world economy depends on the U.S. economy... This move is in our national interest, it can bring growth to the Eurozone and therefore the world... and most importantly the United States.
The most important piece of it all is the show of power by the Federal Reserve, the willingness to do something... Will they be aggressive? I can't tell for sure, but this move suggests the likelihood of aggressive Fed action has raised - and that is good news whether you understand how monetarism works or not.
You can mock me all you want but in my view you're all being narrow minded and isolationist in a world that demands decisive and collaborative action by world leaders... The entire advanced world remains in a slump after all, and we are all connected whether you like it or not.
How about this, you dont like the move? Explain why! Instead of just mocking me maybe you guys should instead show me why you think this is a bad move, right now you're just being a crowd of Fed haters... Ron Paul would be proud, but Ron Paul is a loon and someday you'll all have to come to grips with reality - he will never be president.
