To: The_Victor
I cannot think of a worse possible time to raise rates than now.
Before Greenie was all legacy obsessed with inflation. Now, we have zero inflation essentially and are just getting some growth numbers and he has to leave little telltale signs about rate hikes...stupid.
My ceiling on a commercial mortgage I am currently negotiating just went up probably a point.
Peckerhead!
Where is Paul Volker anyhow?
20 posted on
01/28/2004 12:20:46 PM PST by
wardaddy
("either the arabs are at your throat, or at your feet")
To: wardaddy
I always had my reservations about 'Sir Alan' ever since he posted that extremely pessimistic gdp report right before election day of '92 --only to revise it way up afterwards.
To: wardaddy
I remember Carter/Volkher and the "controlled disintegration of the industrial economy." That legacy continues today.
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