What Greenspan says

Derrick Fogle, MLERF dfogle at mlerf.org
Wed Sep 16 13:56:04 PDT 1998


On Wed, Sep 16, 1998, 3:38:09 PM US CDT Seth Ackerman wrote:


>Why should we assume the ruling class will be able to defer this crisis
>when they seem so oblivious?

Stupid question 101:

If the Fed raised interest rates, wouldn't that BE inflation? If the Fed lowered interest rates, wouldn't that BE deflation?

What keeps the Fed's move from being the very thing that they are trying to offset?

______________________________________ Derrick Fogle



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