Re: Fed Cuts Rates by Five Basis Points in 8 Days
- From: Curly Surmudgeon <Curly.is.not@xxxxxxxx>
- Date: Thu, 31 Jan 2008 12:53:33 -0800
On Thu, 31 Jan 2008 13:59:55 +0000, EskWIRED wrote:
In misc.survivalism, Curly Surmudgeon <Curly.is.not@xxxxxxxx> wrote:
"Oscillation" in this case means a wild ride with interest rates chasing
events but always too little, too late, to control the energy being
constrained.
I wondered whether the steep, sharp change in interest rates might cause
unintended consequences. Your analogy to feedback circuits is
interesting.
Only time will tell, none of us is a Nostradamus. But it's interesting to
extrapolate on events. We must keep in mind that the further out we
project that the error rate grows geometrically.
-- Regards, Curly
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