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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Jill who wrote (32993)	3/10/2001 2:49:04 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 65232

the incompetent US Federal Reserve has officially put the entire world economy at risk Europe is stuck in doldrums what is new about that? with its imprudent embrace of socialism, of course now Asia is weakening, with Japan spearheading the dive in 1997 the excessive tightening of US rates led to an Asian Meltdown its origins were weakened Asian currencies, then economies it has begun again I hope the Fed awakens to their errors it will take a huge amount of humility for them to reverse course adequately and quickly enough they aint got such humility meanwhile, the Fed is making our economy safe from the ravages of inflation and other excesses jobs cause inflation, didnt you know? I think I detect psychotic fear of ghost inflation by Fed / jim