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In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Wed Mar 21st, 2007 at 12:18:26 PM EST
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And the Fed has to promote growth but discourage inflation...

Currently, "narrow" inflation (CPI) is higher than the Fed wishes (2%), but the Fed can't raise rates to fight it, because of the knock-on effect on variable mortages. Stuck, the Fed. Does Bernanke dream of throttling Greenspan?

by afew (afew(a in a circle)eurotrib_dot_com) on Wed Mar 21st, 2007 at 12:46:14 PM EST
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