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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (5371)12/14/2001 3:40:03 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 36161
 
indeed...and he is roundly despised and ridiculed, even accused of deliberately depressing the economy.

that by itself proves that he's the right man for the post. the "pro-active, asymmetrical response, moral hazard" policies of the Fed that the market favors so much now are by contrast a clear departure from what a central bank should do.