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Pastimes : FED TALK

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To: jfhh who wrote (52)12/20/2000 11:42:16 AM
From: Jeff Jordan   of 94
 
this really does suck! What are the economic reasons? Tight money? artificially created by the FOMC! WHY?

The constitution does not allow for a 4th branch of Government! The FED IS over-stepping it's bounds from managing the currency to the management of the economy...hell...the world economy.... again I ask WHY???

ALL this has been induced by the FED to what cause....sustained growth?....give me a break!!!!!It is not the job of the FED to reduce the national deficit!!!!!!!!!!
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