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<p>[QUOTE=&quot;JoeSmith, post: 581774, member: 18021&quot;]Reminds me of what my ex-wife used to say to me, in effect: &quot;This is the end of this discussion, as soon as I get the last word in&quot;.&nbsp; </p><p><br /></p><p>Yes, the Fed can control interest rates.&nbsp; They can lower them all the way to zero, and they can raise them to infinity.&nbsp; Their problem is the economy is in the dumps, so they&#039;ve lowered rates to zero, and it still hasn&#039;t worked, so we&#039;ve printed trillions, and it still hasn&#039;t worked.&nbsp; When hyper-inflation happens, it happens fast.&nbsp; The fed can respond by raising interest rates very high, but it might not have any effect.&nbsp; Besides, raising interest rates would really kill the economy.&nbsp; </p><p><br /></p><p>The fact is we&#039;ve as a nation have been spending money faster than we&#039;ve been making it for years.&nbsp; That has to end, and it will end, one way or another.&nbsp; My only concern is how will it affect the price of gold?<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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