Wednesday, September 19, 2007

I might be a little old

I might be getting old, or at least too interested in the economy. I heard the Fed cut the federal funds rate a half percent, and all I could think was "What's this mean for inflation?"

1 comment:

Chase Saunders said...

It deflation, at least monetary deflation for the time being (wouldnt expect prices to drop)

http://www.lewrockwell.com/north/north568.html