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Strategies & Market Trends : The coming US dollar crisis
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To: RockyBalboa who wrote (998)9/16/2007 1:59:22 PM
From: Tadsamillionaire  Read Replies (1) of 71412
 
Looking at the U.S. economic future, Greenspan warned that to keep the inflation rate between 1 percent and 2 percent in coming years the Fed may need to force interest rates into double digits.

If the Fed succumbs to political pressure to keep interest rates low, inflation rates could rise to an average of 4 percent to 5 percent by 2030, and yields on 10-year Treasury notes would rise to at least 8 percent, he wrote.
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