CNBC -- critique. Message Board

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Pastimes : CNBC -- critique.

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To: Jeff Jordan who wrote (14428)	11/1/2005 5:30:10 AM
From: Jeff Jordan	Read Replies (3) of 17683

I wonder how the FED will continue to justify its raising interest rates? I suppose it wants to tighten money supply until it crashes the economy. Hasn't the FED learned that deflation is much worse than inflation? Nothing stable about the FOMC handling of monetary policy. Who will the FED be lending to when its finished with creating it's restrictive policy? I can tell you I won't be borrowing! I may need to become a lender to bad I can't print from nothing like the FED can. The last time I checked my bank is paying .50% on regular saving account! What a crooked game! Here comes minus $40 oil and deep recession! Maybe we're already in recession, two quarters of lower GDP, I smell another depression in the works! .............neither lender nor borrower be!

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