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Nickname: mau
Review: Make it simple: Just don`t talk. If we get to 5.75% all is lost. I would suggest stopping now and then in August you see what effects follow through and then make a hike of 0.5%, if necessary. Living with these quarterly statements is not the way the service and manufacturing industry works in our modern times.
It's more a game of the financial markets, which has been independent from reality. This is generally said: "You become blind in your own soup."
Date reviewed: Jun 22, 2006 6:30 PM
Nickname: hongfeixueni
Review: Ben Bernanke , the new broom cannot sweep clean only by blurting out rhetorical junk!
Date reviewed: Jun 16, 2006 4:08 AM
Nickname: duh
Review: I am no economist but its painfully obvious that he is popping the credit bubble. Its common knowledge that most businesses that rely on econometric models to plan, develop, and refine their biz models almost never use govt cpi because its obviously manipulated to show lower inflation and thus higher real gdp. The fed is clearly allowing the Owners Equivalent Rent metric to show inflation in attempt to provide cover for their interest rate hikes and to back their policy of popping the credit bubble..hopefully they do this slowly and in a way that does not bring down financial markets..his conundrum is thus fixing greenspans errors without destroying capital markets
Date reviewed: Jun 15, 2006 6:13 AM
Nickname: PKM
Review: Wow, how silly is this? The FED raises interest rates for two years continually raising the cost of "shelter" through higher mortgage costs and then has to raise interest rate because it has been inflating "shelter" cost!
Date reviewed: Jun 15, 2006 2:13 AM
Nickname: robert joseph
Review: Oh great - the TOMS (tired old men)at the Fed play the 3 stooges vs the keystone cops for 'face.' Are these men too old to learn anything from the past? How many microsecond vacillations can the TOMs make?
Quite frankly, they should pause, both their mouths and the interest rate hikes, until they know what the previous 25 hikes have done to this economy. There are no kudos for butchering the market and the economy, Bernie... do you want King George saying "You're doin a heck of a job, Bernie!" do you?
Date reviewed: Jun 15, 2006 12:21 AM
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