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To: Mike McFarland who wrote (218)2/24/2008 10:16:52 AM
From: Mike McFarland  Read Replies (1) | Respond to of 379
 
nytimes.com

how much will it cost to stuff the genie back in the bottle
...
once the public loses confidence in the Fed’s commitment to
price stability, it is very costly to the economy for the Fed
to regain that confidence.
...
Gold has risen a lot since the Fed began lowering rates