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


To: lurqer who wrote (32478)12/9/2003 1:11:22 PM
From: Clappy  Read Replies (1) | Respond to of 89467
 
One scenario I toying with is the Fed remains accommodative today, and then with the dollar plunging, is forced to raise rates. That should roil the markets.

Perhaps they will keep things unchanged as not to upset
anyone, but instead they might rachet down the printing
presses a bit.

I haven't checked but I would think they would not be
pumping as much now.

But then again I'm just a beer swilling armchair economist.