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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 77.47-0.4%2:14 PM EST

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To: RetiredNow who wrote (69099)10/18/2005 4:41:00 PM
From: Peter Joseph  Read Replies (1) of 77400
 
Re: Our Fed is alot smarter than they were in the 70's

Did you mean Greenspasm and "Helicopter' Ben? The stench of smoke in the meeting rooms must have caused them to pass out.

Re: because they have a lot more experience on how to deal with inflation

By flooding the world with even more dollars?

While holding off raising rates until June 2004? Is this what an apolitical Fed was supposed to do? It's probably just time to disband the Fed and let the market set rates.

Oh, then there is the CPI. Well, never mind.
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