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To: RWR8189

Greenspans way of harming President Bush.


3 posted on 05/13/2004 7:17:21 PM PDT by Faithfull
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To: Faithfull
Greenspans way of harming President Bush.

Nonsense. More like Greenspan's way of averting horrible inflation. Inflation right now is above 2%, the Fed Funds Rate is at 1%. That's BAAAD. Anytime there is a negative real interest rate, there is tremendous pressure on the money supply to skyrocket. I hope to see a Fed Funds rate of at least 2.5% by November 2004, and at least 4% by November 2005.

8 posted on 05/13/2004 10:02:39 PM PDT by ChicagoHebrew
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