Well folks, we think it is about time we had our say in the heating up debate over what the FED will do next. The so-called "analysis" presented by economists, Wall Street, and the FED itself to us, the Great Unwashed, is structured as if to consider what the FED's next rational step will be. This public posture presupposes that the FED has a carefully developed game-plan, and is moving to deal with a very complex and difficult situation in a sophisticated, effective, and carefully thought out manner.... |
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