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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: smh who wrote (25260)12/6/2009 5:26:20 PM
From: Real Man  Respond to of 71456
 
Yes, they have a bunch of other numbers at their disposal, and
they are the ones who directly control money supply, but I
think they do use CPI from BLS. The government has to
demonstrate efficiency, so it does not make sense for 2
different agencies to manufacture 2 sets of numbers, one
secret, one public, for the same thing. The BLS already does
that - there are all kinds of U-numbers for unemployment,
for example, and one headline number. It seems for the most
part the Fed often does what the futures market is telling
them to do, although the reverse may also be true - the Fed
funds futures/options market is converging to whatever the
particular public and under the table sounds from the Fed
are. -g-