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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (4779)3/10/2008 7:57:37 AM
From: Giordano Bruno  Read Replies (2) of 71406
 
TIPS' Yields Show Fed Has Lost Control of Inflation

The last time investors were so worried about faster inflation amid slowing growth, Paul A. Volcker presided over a Fed that would raise rates as high as 20 percent to end the stagflation crisis of the 1970s, according to Seth Plunkett, a bond fund manager at American Century Investment Management in Mountain View, California. The firm manages $20 billion.

bloomberg.com
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