FACT : The FED IS BOXED IN A CORNER. The small 1/4 point rate hikes are patsy economics and inflation genie is out of the bottle

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Go figure, everything is going up. The FED are no more than a bunch of girl scouts at the helm. If they don't raise rates by atleast 50 basis points we are headed for disaster. Paper will become no more valuable than the trash in your waste baskets at home. SO DON'T TELL ME " I KNOW".

To try and slam on the brakes we will all go through the windshield. SO MY BET IS ON INFLATION for at least 2 to 3 years because they can't stop it.

I KNOW

-- I KNOW (iknow@more.than.you), April 21, 2000

Answers

I Know,

I think the Fed has to start pushing on the brakes really hard because of the deficit in the current account of the US which deficit has grown by leaps and bounds for the last year. The current account is a measure of total money flow into and out of the US and is a far better measusre of what is going on than trade deficit numbers. There is quite a bit on this on other sites. www.fiendbear.com has lots of links. The Fed has to cut imports to save the dollar. They truly are between a rock and a hard place.

Ince I am a market bear, I believe they have to stop the market from its irrational gains whether it crashes or not.

Todd

-- Todd Detzel (detzel@jps.net), April 21, 2000.


There's no inflation! (Yeah, sure) Doubt we could think of a single thing that costs more now than a year ago. Right, and we're all being taken for idiots by TPTB.

-- BeSureTo (KeepWoolOver@Eyes.com), April 21, 2000.

"What Inflation?"-Stevie Wonder@yahoo.com

-- Gia (laureltree7@hotmail.com), April 22, 2000.

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