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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: stockfiend who wrote (63841)6/15/2006 4:12:32 PM
From: patron_anejo_por_favor  Read Replies (2) of 110194
 
Why should the Fed try and control that? There are numerous better ways, including disincentiving usage (of course that only works if you really want to use less of it, unlike our current administration).....

Interest rates are a very, very, blunt tool, that's all I'm saying. Energy policy requires (quite) a bit more subtlety.

From Ben's perspective however, he can't control the other stuff, so he's better than nothing I suppose.
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