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To: zonder who wrote (2516)11/7/2002 7:36:20 AM
From: frankw1900  Read Replies (3) | Respond to of 6901
 
Effectively, rates have been zero for quite a while. Fed "should" be raising rates. Rates "should" at least equal the rate of inflation plus some kind of premium for making a loan. Though how the hell the Fed can know what those might be is one fine mystery, isn't it?

Better yet, Fed should get out of the interest setting business. Let the market do it.