inside boys

We may yet avert disaster. It seems warren buffet was given 'an inside word' that a rate cut could be expected. Minutes ago a cut to the discount rate, or the rate banks get charged by the central bank to get money, was cut by 50 basis points...that's a half of a percent to me and you...that dramatically turned around stocks in europe and what wall st is going to open at. the reaction is akin to giving candy to a child...the child get wound up with energy and enthusiasm...or promising a fix to an addict...

how can changing one number affect so much money? can something so manipulated survive in the long run? or does the manipulation ensure it's survival?

rest easy folks, it seems the perfect storm just petered out...

The thing that confuses me...if the fed can't increase rates now...if we are so dependent upon low interest rates to finance our debt...how does the fed have any control? It seems they will never be able to increase interest rates again...

how long can that last?