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34 comments on A report from an anonymous insider

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Glenn on August 30, 2005 - 10:48am Permalink | Subthread | Comments top
The Federal Reserve is getting nervous about energy prices, and this was from their just released Aug 9th meeting minutes. What will they think now? Time to raise the interest rates I think. Probably the best way to slow the economy into a lower consumption mode. But what about investing in the future?

http://biz.yahoo.com/ap/050830/fed_minutes.html?.v=4

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mw on August 30, 2005 - 11:16am Permalink | Subthread | Parent | Comments top
takes a long time for taxes to slow the economy appreciably. Remember, recession does not equal lower oil demand, just slower GROWTH in demand.

Sometimes government has to lead and this is one of these times.

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