Comments on: What Should the Fed Do Tomorrow? http://taxesandbudget-blog.ncpa.org/what-should-the-fed-do-tomorrow/ Insights on Taxes, Economic Policy, Federal Budget | NCPA Fri, 20 Nov 2009 19:34:42 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: GENE KUZMAN http://taxesandbudget-blog.ncpa.org/what-should-the-fed-do-tomorrow/comment-page-1/#comment-2407 GENE KUZMAN Tue, 13 Nov 2007 21:10:40 +0000 http://www.bob-mcteer-blog.com/what-should-the-fed-do-tomorrow/#comment-2407 HOW LONG CAN THE BANKS KEEP THEIR NON-PERFORMING (WORTHLESS} LOANS ON THEIR BOOKS ?????? HOW LONG CAN THE BANKS KEEP THEIR NON-PERFORMING (WORTHLESS}
LOANS ON THEIR BOOKS ??????

]]> By: Digs http://taxesandbudget-blog.ncpa.org/what-should-the-fed-do-tomorrow/comment-page-1/#comment-2335 Digs Sun, 11 Nov 2007 22:46:12 +0000 http://www.bob-mcteer-blog.com/what-should-the-fed-do-tomorrow/#comment-2335 The USA FED is the only central bank to use CORE INFLATION as there guide, every other central bank using headline inflation for policy settings. I hear people on Kudlow ( CNBC ) saying there is only 2.3% inflation, this USA version, if USA inflation was calculated the same way the UK or AUSSIE does it then inflation would around 5% plus. So USA inflations numbers are just FIXED for the low interest rate demand ( due to massived personal debts) and WALL STREET. The USA inflation calculation was changed under Clinton, and Voclker invented the term "CORE INFLATION". So USA is cheating there consumers, every one knows so the dollar will FALL further. The USA inflation numbers is a massive economic spin, and the world is voting againts the USA BUY SELLING USD. SO why are people protesting...The last GDP report of 3.9% with inflation 0f 0.8%. Come on annual inflatin in GDP that low...utter bull. The USA FED is the only central bank to use CORE INFLATION as there guide, every other central bank using headline inflation for policy settings. I hear people on Kudlow ( CNBC ) saying there is only 2.3% inflation, this USA version, if USA inflation was calculated the same way the UK or AUSSIE does it then inflation would around 5% plus. So USA inflations numbers are just FIXED for the low interest rate demand ( due to massived personal debts) and WALL STREET. The USA inflation calculation was changed under Clinton, and Voclker invented the term "CORE INFLATION". So USA is cheating there consumers, every one knows so the dollar will FALL further. The USA inflation numbers is a massive economic spin, and the world is voting againts the USA BUY SELLING USD. SO why are people protesting…The last GDP report of 3.9% with inflation 0f 0.8%. Come on annual inflatin in GDP that low…utter bull.

]]> By: Barry Gitarts http://taxesandbudget-blog.ncpa.org/what-should-the-fed-do-tomorrow/comment-page-1/#comment-2270 Barry Gitarts Fri, 09 Nov 2007 03:23:51 +0000 http://www.bob-mcteer-blog.com/what-should-the-fed-do-tomorrow/#comment-2270 What would have happened if the Fed just stood still, left rates alone and left the market to its own devices to sort things out? It seems the rapid fed cuts created a change so rapid in the system that all this liquidity is causing the dollar to further decline which is creating all kinds of turbulance just from the rapid repricing of dollar based assets. Could it be that leaving rates alone would have held the dollar while the economy sorted things out itself, including getting liquidity from the long end of the curve which does not require the fed easing up. What would have happened if the Fed just stood still, left rates alone and left the market to its own devices to sort things out?

It seems the rapid fed cuts created a change so rapid in the system that all this liquidity is causing the dollar to further decline which is creating all kinds of turbulance just from the rapid repricing of dollar based assets.

Could it be that leaving rates alone would have held the dollar while the economy sorted things out itself, including getting liquidity from the long end of the curve which does not require the fed easing up.

]]> By: GT http://taxesandbudget-blog.ncpa.org/what-should-the-fed-do-tomorrow/comment-page-1/#comment-2145 GT Thu, 01 Nov 2007 15:53:55 +0000 http://www.bob-mcteer-blog.com/what-should-the-fed-do-tomorrow/#comment-2145 Has there ever been an FMOC that is not risk management oriented? I doubt it. That is a good thing. They struck the right balance. Has there ever been an FMOC that is not risk management oriented? I doubt it. That is a good thing. They struck the right balance.

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