This Article Sums it Up
Written by YellowJacket on March 18th, 2008“Memo to Fed: Stop Those Rate Cuts”
This is exactly how I feel on the matter, and these two gentlemen who are much more learned than I am can explain it in fuller terms than I. The Fed needs to quit inflating our currency and just let our markets tough it out, because if they continue to make rate cuts they will only push inflation even higher and result in stagflation.