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To: ex-Texan

Doesn’t it deserve to implode? You must be a developer!

Cutting the FF rate would, in effect, support the high cost of housing which is inflationary. Cutting the rate would be a stupid, political move and I’m hoping that the Fed doesn’t go there.


9 posted on 08/22/2007 2:17:08 PM PDT by Sonora
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To: Sonora
Cutting the FF rate would, in effect, support the high cost of housing which is inflationary. Cutting the rate would be a stupid, political move and I’m hoping that the Fed doesn’t go there.M

A voice of sanity. Funny, everyone is convinced that the Fed will cut rates but I haven't heard anything from the Fed itself except that inflation is still a concern.

And, contrary to what is being claimed by some people here, inflation is very bad for owners of financial assets. The fact that the Fed is willing to fight it is good for stocks and bonds - in the long run.

11 posted on 08/22/2007 2:32:49 PM PDT by groanup (Limited government is the answer. What's the question?)
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To: Sonora
You have to be kidding !
12 posted on 08/22/2007 3:22:42 PM PDT by ex-Texan (Matthew 7: 1 - 6)
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