To: HappyinAZ
I agree with you. I don't like Democrats, and I'm VERY AntiBama, but this was a reasonably good appointment -- mostly because Volcker is unlikely to repeat the mistakes he made last time.
Hard experience and all.
15 posted on
11/26/2008 8:29:17 AM PST by
Lazamataz
(Proud author of abstract semi-religious dogmatic hoooey with a decidedly fring feel.)
To: Lazamataz
we’re on the same page...I’m VERY concerned that they’re just making it worse...so EVERYBODY with even 1/2 of an economic clue...had better be working on this.
To: Lazamataz
I've always thought of Volcker as the anti-Greenspan, and that's not a bad thing to be in today's economic environment.
Eventually, interest rates will have to be raised in order to slow down the runaway inflation that will result from all these trillions of dollars floating around.
The strengthening of the dollar that we're seeing right now is temporary. The inflation piper will have to be paid sooner or later.
27 posted on
11/26/2008 8:59:54 AM PST by
Deo volente
(On January 20, 2009 America moves to DEFCON 2.)
To: Lazamataz
Volcker is unlikely to repeat the mistakes he made last time.We agree then that he has new mistakes that he plans to make this time!
77 posted on
11/29/2008 7:44:59 AM PST by
CRBDeuce
(here, while the internet is still free of the Fairness Doctrine)
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