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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: philv who wrote (2182)11/15/2003 2:09:18 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 110194
 
In the final analysis the Fed will be FORCED TO RAISE RATES or risk runaway inflation and an end to the dollar's status as the major reserve currency. The idea that the Fed can keep short rates at 1% as long as they please will prove to be another bubble era illusion IMHO.