The Foreboding Signal of the Fed Rate Cut

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It's a bad time to have a softie at the helm of the Fed.

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  1. Anonymous8:25 PM

    It has been argued that debt levels are so staggering that it's unlikely that serious inflation could take place outside of state sanctioned zones, like housing, health care and education. We'll be talking about deflation again by mid 2008.

    When I used to work in financial markets, I learned that you didn't make much money being too intellectual about price action.

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