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To: Knighty Tin who wrote (243459)6/2/2003 4:30:06 PM
From: UnBelievable  Respond to of 436258
 
Through Its Intervention The Fed Is Allocating Resources

to make things "better" in the very short term and in the process precluding the use of those resources in the best interest of all but rich folks who are 75 or 80 and politicians who need to get re-elected.

The extent of the intervention in free market operation is unprecedented. The next decade is going to make the seventies look like the good old days.