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Politics : Formerly About Advanced Micro Devices
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To: combjelly who wrote (224758)3/17/2005 8:05:10 PM
From: i-node  Read Replies (2) of 1572124
 
>> On what basis do you think it isn't in the cards?

As of now, the Fed is better run and it has made a ton of difference. There is simply no question that Greenspan's superb management of interest rates has kept the economy rolling through what might have otherwise been a difficult time.

Nobody, nobody, could have imagined us taking the 9/11 hit without a substantial economic collapse. Yet, unemployment has not been a problem. Inflation has not been a problem. Interest rates are fine, if low. Fed policy, and a policy that was deemed overly aggressive by many, has been superb.

Greenspan's exit is going to be a bad day.
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