Thread: Oil at $107 barrel
View Single Post
  #82  
Old 03-13-2008, 08:51 PM
Sauron's Avatar
Sauron Sauron is offline
Dark Lord, on the Dark Throne
  
Join Date: Mar 2005
Posts: VDCCLXXXVIII
Default Re: Oil at $107 barrel
Quote:
Originally Posted by godfry n. glad View Post
He slept through that part of his econ class.
He apparently also doesn't realize that the Fed Funds Rate is not how mortgage interest rates are set.

Mortgage rates are set by the rate on the Ten Year Treasury Bill, not the FFR.
__________________
In the land of Mordor, where the shadows lie...:sauron:
Reply With Quote
 
Page generated in 0.19165 seconds with 10 queries