The Fed has decided not to change interest rates..Surprise...surprise..holy smoke Batman! Talk regarding inflation was incidental and was only talk and actually not much of it. Anyway, talk is cheap..watch what they do, not what they say... actions are actions...and there won't be any!

They are, and will continue to be, reluctant to walk the govie dollar rhetoric, i.e., strong dollar B.S. for quite some time..I's guess a very long time. Economy and jobs have to recover in a meaningful way first. Ya right..third quarter 2010 maybe?

And then, and only then, a tightening policy may start and will be a day late and a dollar short. But I'm just picking a time frame from a bag of wild guesses. Hence, the greenback (should) will depreciated further.

I think the economy is in for an extended period of stag-tax-flation. That's what they'll get regardless of what they say want. "You can't always get what you want." We are in for the sequel of "The Big Chill." But this time the economy is the corpse!

So, as they did in the film..P-A-R-T-Y T-I-M-E..

(That is for P.M. Players! Not a funeral. A celebraton of a golden life!)