PDA

View Full Version : Larry Kudlow is now Fighting Inflation?




jclay2
03-07-2008, 08:33 AM
Last night I was watching kudlow and company for the first time in a couple of weeks. One of the topics they were focusing on was the huge increases in commodities. Then Larry Kudlow went on to say that the FED needs to stop cutting interest rates and debasing the dollar. But just a month or so ago, he was praising Bernanke's 75 point emergency cut. WTF Larry:mad:. To bad they didn't listen to Paul in the first place. I mean how many times did paul say that the FED was debasing the currency. And now Paul doesn't get any credit.

Cowlesy
03-07-2008, 08:39 AM
hahaha...yeah...Kudlow was calling for nuclear war on the fed funds rate about a month ago, and now since it didn't work...he's changed his position.

Classic Kudlow.

Sarge
03-07-2008, 08:49 AM
The Fed is cranking up the printing press in high speed again this am.

http://money.excite.com/jsp/nw/nwdt_rt_top.jsp?news_id=ap-d8v8kqn00&

Lay offs are starting to increase.

Larry is not alone on having said how great the rate cuts.

What if they increased the interest rate instead? It might shoot the market up instead of down. I know they won't, but it would be better than just printing more money.

I did see an article this am. where the Fed said something to the effect, don't count on another rate cut just because things look bad.

They have painted themselves into a corner.

Edu
03-07-2008, 08:54 AM
"Ron Paul was right!" - Words you will never hear.

"I'm a dumbass and was totally wrong" - More words you will never hear.

Primbs
03-07-2008, 12:38 PM
Speaking of the FED.

This Ron Paul commercial sums it up.

http://www.youtube.com/watch?v=as3AYVzWmOI