[RoninLB]

Greenspan was in charge of maintaining the $ value. He started this crap.

The current Fed Res Chair better hope his bs better not cause a severe liquidity crisis. Their propaganda inflation #'s is screaming bs. He speaks without creditability.

Chase bank is currently asking 1/3 down on their jumbo home mortgages from high end high rating borrowers that could buy the house for cash if they wanted. Commercial paper is in worse shape. Try to keep $50-150M floating from a solid Co is almost a lost cause around here. We'll know soon enough how bad it'll be. We've lost $1T in wealth so far and losing another $1-3T is not out of the question.

Dem full control of Congress and the Pres will be acid on the cake.