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


To: Lou Weed who wrote (253063)1/4/2008 4:32:51 PM
From: michael97123  Read Replies (1) | Respond to of 281500
 
i will be headed out to dinner tonite at a restaurant where a former fed governator often frequents. We know each other by sight only from this particular place. If I see him today, i will ask him what his buddy ben is thinking. I would be kind of nervous too if fed cuts on monday or tuesday but what i would like is a statement from BB or surrogate which would effectively change the language intermeeting so we could pave the way for 1/2 point cut 1/31. Inflation is a result of falling dollar with its rising oil and other commodity prices that are priced in dollars. Its the type of inflation that will go away quickly once slowdown in place and demand for commodities lessen and then dollar stablizes as US starts growing again and then commodities fall further as dollar goes up and worldwide eco slows a bit. Man i am no economist but i could run the fed better than these dudes.