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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Venkie who wrote (21027)11/30/2000 11:45:45 AM
From: horsegirl48  Read Replies (1) of 65232
 
Can you imagine on the next meeting if he says, I sorry I still see inflation looming, I will continue to raise rates until I see some proof that people r out of jobs, homes not selling, Etc.
Does anybody know when the rates were around 16% in Carters time what was the cataylst to lower the rates, and why did they raise them that high. Personally I wouldnt mind take all my money, no risk and get 16 or 17%
Hg48
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