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To: Tauzero; Starwind; AntiGuv; arete; David; Soren; Fractal Trader; Libertarianize the GOP; ...
FYI
2 posted on 06/08/2003 5:52:09 PM PDT by sourcery (The Evil Party thinks their opponents are stupid. The Stupid Party thinks their opponents are evil.)
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To: sourcery
The Fed lives in mortal fear of a system so debt-clogged that not even a 1% bond yield could coax overextended debtors to consume or invest. The purpose of the Fed's May 6 pronouncement is to roll out the welcome mat for growth--and, by way of a higher inflation rate, to lighten the burden of debt.

I'm definitely seeing growth in empty store fronts and for lease signs on all the newly built shopping centers and strip malls.

Richard W.

4 posted on 06/08/2003 6:01:46 PM PDT by arete (Greenspan is a ruling class elitist and closet socialist who is destroying the economy)
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