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To: Zeev Hed who wrote (201884)11/3/2002 4:30:22 PM
From: Lucretius  Read Replies (1) | Respond to of 436258
 
you think raising rates is the answer do you? LOL

ok, let's go through the exercise for the benefit of any clowns looking in.... tell me then... what that would a rate hike do to borrowing costs, that are already high enough as it is because of credit quality concerns, to businesses and the consumer? hmmm... come on... think about it.. don't break something -g-

if you're arguing for a rate hike to collapse things and just go ahead and get it overwith, then fine i agree. what they should do is just not cut this week. they should just let the economy and stocks tank of their own weight and just get it overwith, but they're too stupid for that... they want to try and put their finger in the dam like the little dutch boy until they run out of fingers.

but if you think a rate hike is going to heal the economy and the stock market, then i repeat: that is the most ridiculous thing i have ever heard, and it borders on downright clowndum -vbg- LOL