Vockler: Act NOW!

User Forum Topic
Submitted by kev374 on May 15, 2008 - 11:36pm

Paul Volcker has warned that the Fed must act now to prevent a serious risk of stagflation...

http://www.ft.com/cms/s/a392d5ce-21e3-11...

Submitted by kev374 on May 15, 2008 - 11:41pm.

that link may be bust, try this:

http://us.ft.com/ftgateway/superpage.ft?...

and I believe that should read Volcker definitely not Vockler!!! lol

Submitted by asianautica on May 15, 2008 - 11:56pm.

I completely agree with what he says. All of us on here should hope that they will defend and strengthen the $ and nip inflation at its bud while we still can. This would help speed up the down cycle of the RE market and bring us back to growing again.