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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 395.880.0%4:00 PM EST

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To: Rolla Coasta who wrote (34948)5/20/2008 11:00:18 AM
From: elmatador  Read Replies (1) of 218511
 
alternative reset: Bernanke is woken by a phone call from George Bush who informs the Fed chairman that, overnight, a new monetary union has been created involving the US and all the emerging economies. The Federal Reserve will no longer look after monetary policy for the US alone, but instead set interest rates for the good of the new monetary union. The new "one size fits all" approach would surely force Mr Bernanke to raise interest rates from where they are today because inflation in this imaginary monetary union is currently averaging about 6 per cent (and rising).

independent.co.uk
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