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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (28354)	9/21/2003 10:40:16 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

you sound like a liberal believer in omnipotent govt rising asian import prices will kill the bond rally so what if the Fed doesnt want higher rates? what the hell can they do about it? print more dollars and monetize the TENS? that will lead to acceleration of dollar decline the key to the US Economy, USTBonds, and US Real Estate is the yen and yuan anyone who believes otherwise better get ready for an education the Bank of Japan has been more important in defending the USTBond than the Federal Reserve over the course of the last 18 months BELIEVERS IN THE POWER OF THE GOVT ARE IN FOR A RUDE AWAKENING where have you been during the gradual erosion in the power of the Fed during the last few months? / jim