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Re: Zeev Hed post# 250224

Wednesday, 05/26/2004 6:01:34 PM

Wednesday, May 26, 2004 6:01:34 PM

Post# of 704041
Important question to ask is what is the first thing to do on FED's priority list, i.e. where the biggest bang for the buck comes from. Is it increasing the rates and strengthening the dollar or leting the dollar fall further.

By keeping the dollar lower we get continuing boom in economy more jobs and reduction in trade deficit.

Increasing rates among other things(?) slows the economy and fills the budget deficit.

Can we do both of those at the same time? <g>

What is your pick?



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