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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: steve dietrich who wrote (242102)9/17/2007 3:45:45 PM
From: michael97123  Read Replies (1) | Respond to of 281500
 
1/4 is right. No one is really sure how much of a slowdown will occur from real estate bust and credit crunch. They will go in 1/4 point intervals. I would prefer 1/2 point. By the way i also think they will lower the discount rate another 1/2 point to encourage more borrowing from the fed window.



To: steve dietrich who wrote (242102)9/20/2007 9:33:18 PM
From: Sun Tzu  Respond to of 281500
 
Well, you have your answer...my answer for the past 5 years has been to get the hell out of all things USD denominated. I see no change in that...by the time Bush is out of the office, or within the first two years of whoever who inherits the mess, USD may no longer be the world's reserve currency.


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