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Politics : Foreign Affairs Discussion Group
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To: jttmab who wrote (198300)8/20/2006 5:56:08 PM
From: neolib  Read Replies (1) of 281500
 
If the US was in danger of a recession the Fed would be reversing on interest rates.

What? So we can have radical inflation first? The fed is trying to control two variables with one lever. If inflation behaved itself on its own, we could have zero interest rates perpetually, but things don't work that way.
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