Friday, June 06, 2008

self fulfilling prophecy

Mr. Trichet could as well keep his mouth shut....

what kind of economics is this? he claims he's worried with inflationary pressures and thus "signals"!!!! (an extraordinary economic concept...) he might lift interests in order to lower prices ....thus....market reaction follows... dollar sinks oil jumps back after a steady fall .... Mr. Trichet and his speculation and hypothetical raise of interest produced the very reality him claims to be against and acting against......

Thursday, February 14, 2008