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I'd agree, Daddy-O. The Fed is protecting against inflation, but I do not think it is demand-push inflation. In other words, I don't see a white-hot economy where everyone's got so much cash lying around that there is intense competition for good to purchase. And I don't see taht happening any time soon. The Fed has to balance inflation with other considerations, and their grip on the money supply has quite an effect on "the economy." I'm not trying to make an anti-Dubya political statement here. I just don't see high interest rates right now or any time soon. It'd throttle what I consider to be a very tenuous economy.
It looks to be as close to a financial no-brainer as you'll find.
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Man of Carbon Fiber (stronger than steel)
Mocha 1978 911SC. "Coco"
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