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To: Redbob


Redbob - You're a real funny one. That is the most hilarious thing I have ever heard! What has the Fed been doing for the past five years, if not manipulating interest rates?


13 posted on 09/08/2006 8:49:58 PM PDT by dirkdavies68
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To: dirkdavies68
What has the Fed been doing for the past five years, if not manipulating interest rates?

And after years of raising rates, the yield curve is flat. What do you think that means?

14 posted on 09/08/2006 8:57:22 PM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: dirkdavies68
"Redbob - You're a real funny one. That is the most hilarious thing I have ever heard! What has the Fed been doing for the past five years, if not manipulating interest rates?"

"Japanese government's unsustainable manipulation of the economy, especially interest rates which were on the order of 1 per cent, or even negative if adjusted for inflation."

There is a very large difference between what the Fed has been doing and what the Japanese government did. I think the operable term is "unsustainable".
16 posted on 09/08/2006 9:02:16 PM PDT by marktwain
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