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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (224765)	3/17/2005 8:27:53 PM
From: combjelly	Respond to of 1572161

"As of now, the Fed is better run and it has made a ton of difference." Umm, sure. Yet another area where I'll just say I disagree.

To: i-node who wrote (224765)	3/18/2005 3:41:37 PM
From: tejek	Read Replies (1) \| Respond to of 1572161

>> On what basis do you think it isn't in the cards? As of now, the Fed is better run and it has made a ton of difference. There is simply no question that Greenspan's superb management of interest rates has kept the economy rolling through what might have otherwise been a difficult time. Nobody, nobody, could have imagined us taking the 9/11 hit without a substantial economic collapse. Yet, unemployment has not been a problem. Inflation has not been a problem. Interest rates are fine, if low. Fed policy, and a policy that was deemed overly aggressive by many, has been superb. Greenspan's exit is going to be a bad day. I would have sworn there was a day a few years back when you would trash Greenspan.