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roamer65 (1000+ posts) Send PM | Profile | Ignore | Tue Apr-08-08 09:30 PM Original message |
Former Fed Chair Volcker..."You don't have to predict a dollar crisis, you're in it." |
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Zynx (1000+ posts) Send PM | Profile | Ignore | Tue Apr-08-08 09:32 PM Response to Original message |
1. The 21% interest rates were the right policy to deal with 13% inflation. |
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soothsayer (1000+ posts) Send PM | Profile | Ignore | Tue Apr-08-08 09:52 PM Response to Reply #1 |
2. Well, inflation has been at about 20% or higher the last couple of years |
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Zynx (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 12:08 AM Response to Reply #2 |
3. Some parts of inflation have been. Not inflation in general. |
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nadinbrzezinski (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 12:16 AM Response to Reply #3 |
4. You are right, that is why we count Jets and luxury boats in the data |
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Yavin4 (1000+ posts) Send PM | Profile | Ignore | Wed Apr-09-08 12:29 AM Response to Reply #3 |
5. Those Parts Being Housing, Healthcare. Energy. Education, and Food |
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DU AdBot (1000+ posts) | Sat May 04th 2024, 05:11 AM Response to Original message |
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