Re: Bush appoints Bernake Chairmen of the Federal Reserve
The fed's main goal is to control inflation by means of monitary policy, so to say the new chairman would do that is nothing new.
Also my bad about some of my misinformation earlier... but raising rates to around 14% was way too durastic. Especially since evey economist knows the economy has a lag, which mean thats it takes a while for things to take an affect.
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