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Pastimes : FED TALK
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To: Jeff Jordan who wrote ()3/25/2000 11:54:00 AM
From: MSB  Read Replies (2) of 94
 
If a "yes" means stop the FED, then I say "no".

The FED is, imo, doing exactly what it was set up to do, that being to monitor the economy and act accordingly with regard to increasing or decreasing the money supply.

I believe their ideal intention is to keep the growth rate at a positive yet controlled pace in hopes that we will have a lengthy and sustainable history of growth which will inevitably be to the benefit of all. 10 good years of growth does not make a foreseeable future one can or should count on as always being sustainable in an excellerating growth environment.

It is my opinion that the economy has been moving to far to fast. I know I'm paying a lot more for many more items than just gasoline.

And as far as credit goes...used wisely it can be a benefit, unwisely, and it will sink a person.

IMO, credit is too easy to obtain.

Mike
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