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

To: Crimson Ghost who wrote (28574)	3/14/2005 11:03:15 AM
From: John Vosilla	Respond to of 110194

It was at one time not deemed so extraordinary that the Federal Reserve would discuss forcing the U.S. economy into recession. Policy-makers had confidence we would not be greatly harmed. The resilient nature of the American economy would see that we survived, meanwhile the harmful imbalances and inefficiencies developed within a period of high economic growth would either lessen or vanish. If our economy was still resilient the fed funds rate would be back to where it was in the late 1990's and our leaders would not go to such efforts to have to hide true inflation in the BLS statistics.