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To: Hydroshock
Yes, cut the interest rates and send our dollar further into the toilet.

Don't these geniuses remember the "stagflation" of the Bernes-era Fed? We might as well call for a return of polyester, herpes, and the Captain and Tennille...

I think the Fed should hold, but have a feeling that they won't over the next three months. We really do need a shakeout in the home market.

8 posted on 09/13/2007 9:52:12 AM PDT by Clemenza (Rudy Giuliani, like Pesto and Seattle, belongs in the scrap heap of '90s Culture)
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To: Clemenza

Oh I remember, that is why I am dreading any rate cut.


9 posted on 09/13/2007 9:55:27 AM PDT by Hydroshock ("The Constitution should be taken like mountain whiskey -- undiluted and untaxed." - Sam Ervin)
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To: Clemenza
Yes, cut the interest rates and send our dollar further into the toilet.

Who cares what the dollar is worth if the economy goes down the toilet. Besides, the best thing for the dollar is to keep the economy going, which requires a rate cut. The impact to the dollar has already been factored in.

11 posted on 09/13/2007 10:30:05 AM PDT by Always Right
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To: Clemenza

I liked Captain and Tennille.


25 posted on 09/13/2007 11:38:14 AM PDT by BenLurkin
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