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Post# of 704041
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limtex

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limtex

Re: federal reserves post# 296644

Thursday, 09/16/2004 12:38:12 PM

Thursday, September 16, 2004 12:38:12 PM

Post# of 704041
Putting up interest rates kills the economy. Happened in 1999 and 2000 and now he's at it again. Geriatric Fed govenors living in the 1960s and 1970s. They learned about inflation at colllege but didn't learn about deflation and they still have no idea about the deflationery effect of China and India on our economy. They just cannot control their urge to put up interest rates at the first opportunity.

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