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Title: oops, what will we do now [Politics/Religion] Post by: Aske on February 20, 2008, 11:02:29 AM http://bloomberg.com/apps/news?pid=20601087&sid=a9i9zdN3avo8&refer=home
http://bloomberg.com/apps/news?pid=20601087&sid=aGsbrViZD4GE&refer=home Title: Re: oops, what will we do now [Politics/Religion] Post by: hobbit on February 20, 2008, 12:48:33 PM Cus I knew you were looking for me :watchingyou: ;) ....
The same thing we've always done, but hopefully better. There are few 'new' problems in the world and we need to stop acting like we found a new one. When Bernake was made Fed Chairman it was said that he was very much a 'Greeenspan' kinda guy, but more of an inflation hawk. So, I am still assuming he knows when to stop the valve from opening - per his label of being an inflation control kinda guy. Then again, we all know reporting is not always accurate [sm_devil] Title: Re: oops, what will we do now [Politics/Religion] Post by: Fuzzy on February 20, 2008, 01:04:30 PM Dow and Nasdaq both up today. ;D [sm_devil] ;) :D
Title: Re: oops, what will we do now [Politics/Religion] Post by: Aske on February 20, 2008, 01:07:11 PM http://news.yahoo.com/s/ap/20080220/ap_on_go_ot/fed_economy
new overly optimistic fed predictions put "inflation rate" (we all know this is uselessly measured) above gdp growth rate. hahah, brilliant! Title: Re: oops, what will we do now [Politics/Religion] Post by: Aske on February 20, 2008, 01:10:53 PM http://news.yahoo.com/s/ap/20080220/ap_on_go_ot/fed_economy new overly optimistic fed predictions put "inflation rate" (we all know this is uselessly and intentionally short-measured anyways) above gdp growth rate. hahah, brilliant! which of course, in real $ means recession. which when using more accurate inflation metrics, means big nasty recession. |