Does the first part of this, the dramatic fall in inflation expectations and associated risk premiums, translate-the lowered interest rates that are keeping the economy poppin' tend to send people to the market looking for better returns-?
>>But he said he had serious objections to a a provision allowing a
government board to direct about a quarter of those savings into stock
market investments. It is unlikely that these investments could be
insulated from political considerations, he said.
>>
So, not one word about all the other reasons it wouldn't work? Like expenses, etc. Did he say it would be ok if individuals invested?
thanks-p