I like Brian Westbury... Not sure if he is right, but he talks sense... I'm amazed he goes through all the trouble....
But it was great, one day I heard him talk about how fed cuts have an affect over a long time... over the course of 10 years on inflation.... and that not only does it take time for the affects of that inflation to be seen, but that it takes many years to correct it after it's done.....
I'll look to post the cnbc debate at one point today.
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Wednesday, April 30, 2008
Interesting debate this morning
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