[QUOTE=Coyote2;6023232]
Originally Posted by
qw1a
You're a trained economist? What are your credentials?
I would hope, however, that someone at the helm will let the fire burn for a while rather than keep creating bubble after bubble by overaccomodating.
A 16% interest rate would not "let the fire burn;" it would snuff it out.
To the first question - no formal economics training (phd in physics), but 10 years of risk-taking experience in top financial firms. As for bb being an inexperienced wuss - compare him to king or trichet.
As for o/n rate and fire - this country is going to see stagflation soon, just like the 70s.
On topic - going with sram red.