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Thursday, November 03, 2005

See The Numbers

I can see the numbers as they are laid out in this Newsweek article. What I cannot see is how the Fed just "won't allow"inflation to run rampant....

I do have a basic understanding of how monetary stuff works....but to say that the Fed just "won't allow"it makes them seem omnipotent....and that "just aint so"....

I may be wrong - and please correct me if I am - but there is still a free world market out there that Alan Greenspan and crew don't directly control....if they all were under his control then why not manipulate it to make every single American rich? Naaah...that would be too easy!

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