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


To: andiron who wrote (75525)12/13/2006 12:49:52 PM
From: GST  Respond to of 110194
 
The Fed could tighten and still we would not be rich. The Fed is now little more than a spectator -- it is true that the Fed can make things worse by expanding or contracting money supply, but the Fed no longer has the power to make it better, if it ever did.