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Nickname: doug
Review: 2% growth ? No company could exist on this guide line.
Date reviewed: May 12, 2006 6:22 PM
Nickname: Jim
Review: As always there is a silver lining to the rate increases, seniors on fixed incomes can lock up better yields than they had a year ago thus increasing their buying power into the future.
Date reviewed: May 12, 2006 1:37 PM
Nickname: DB
Review: 'We might pause as necessary.'
What is the big deal? Are we so addicted to crack-like cheap money that we will detonate the future value of our currency to allow us to continue living oh so well beyond our means?
The Fed Chief has said plainly that policy will be 'data driven...' so abandon abandon all vestiges of 'irrational exuberance' and get real...this is a very promising time.
Date reviewed: May 12, 2006 3:37 AM
Nickname: Pat
Review: Better soon leave that interest rate alone. It's direct effect on mortagages is a double edged sword.
Without mortgage and construction activity and their related equiptment needs this current economy since 2001 would have crashed far worse.
Some of the best available jobs for Americans are construction since manufacturing busted.
To put the brakes on inflation do something about the price of energy. As its price rises so exponentially will the prices of all products and the price of their delivery--unmonopolize the energy industry.
It's time to stop the extortion rates that credit companies and banks charge too.
What is going on in the minds of the authorities that they allow such corporate extori
tion anyway? Is this the effect of deregulation and the mantra of free markets making all economic boats rise? What a lie they turned out to be.
Date reviewed: May 11, 2006 8:23 PM
Nickname: mgmontini
Review: With rise in Fuel Oil, Costs of production will rise forcing "Cost-Push" inflation. To counter this, a rise in interest rates is needed to cool down Aggregate Demand (reduce the pressure on Aggregate Supply)
Date reviewed: May 11, 2006 8:07 PM
Nickname: suntrana
Review: Let's see, if it isn't "Federal", has no "Reserves" and isn't a "Bank", it would then stand to reason that the only reason for its pathetic existance is to drive our economy to its knees.
Date reviewed: May 11, 2006 6:50 PM
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