Display:
Doubtful.  Helicopter Ben's suffers from a pretty severe case of deflationphobia.  He's clearly pretty spooked.I'll bet we're back to a 1% federal funds rate before the year's out.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin
by Drew J Jones (myfriends@thisispancakes.com) on Tue Mar 11th, 2008 at 01:43:31 PM EST
[ Parent ]
I don't think Helicopter Ben is going to make it to the end of his term. Just a guess.

Recall US interest rates in 2000 when Gore was more or less in a Democratic re-election dynamic and the first of Greenspan's bubbles was deflating. Unlike now, they were ratcheting up interest rates.

Fai de bèn a Bertrand, te lou rendra en cagant

by redstar on Tue Mar 11th, 2008 at 01:57:28 PM EST
[ Parent ]

Display:
Login
. Make a new account
. Reset password
Occasional Series