To: freedomdefender
Actually the fed is to blame for propping up a faltering economy with cheap dollars (low interest) instead of letting the downturn run its course.
50 posted on
11/09/2006 6:35:57 PM PST by
31R1O
("Science is organized knowledge. Wisdom is organized life."- Immanuel Kant)
To: 31R1O
Actually the fed is to blame for propping up a faltering economy with cheap dollars (low interest) instead of letting the downturn run its course. The yield curve has been flat to inverted for some time now, so in no way has the Fed been propping up the economy.
52 posted on
11/09/2006 6:42:45 PM PST by
Moonman62
(The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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