calvino

Cutting Rates Further Will Only Lead to Disaster

Malkiel, friend, don't drag that skeleton out of the closet, become it could start walking on it's own. It took Paul Volker to raise fed funds to eighteen percent to get what you call REAL inflation to calm down. Let us not be so cavalier about the prospects of REAL inflation coming back. In fact let us not even whisper REAL inflation in a dark room. Why snap the tiger's tail Malkiel? And Prudent Investor, Nanny Benny is a misnomer for the proud airman, Helicopter Ben, who never has to worry about propwash flustering his hair. Helicopter is good for short though, just call hime Helicopter, and send a helicopter hat to the reserve bank of Washington so he always has one to wear.