Will Bernanke see his shadow?
Will Bernanke see his shadow? - or is it Greenspan's shadow that he sees?
I guess we will know within an hour or two or sometime soon.
These rate cuts seem a little instant gratification-y.
But, I guess we must, we must, we must bail out the bust.
It sure looks like a house of cards economy (plastic cards mostly) to me.
And I remember the 80's. I was interested in this stuff even then, though I was a bit of a kid. It wasn't like this. It was bushel basket of money to the grocery store inflation.
I saved money for the college fund in CD's that brought 17%. And I knew even then that was not the way it should be.
The one person I would like to talk to? Alan Greenspan.
I just don't get this.
But it's like driving past a wreck. I just can't help but look.
__________________
Pogo was right.
|