Inflation Fears!

Once again, the Fed has raised interest rates. This time they mentioned fear of inflation despite the economic setback of Katrina.

Econo-Girl wonders whether anyone in America will ever name their daughter 'Katrina' again.

On the home front, Econo-Girl sent in her first application for a Federal job. It's just that I have this awful feeling about how this credit crunch/ high interest rates / awful deficit is all going to shake down in a few years.

Borrowing money will be REALLY hard within about two years.


The Lazy Iguana said...

What federal job did you apply for?

I hope it was not CBP. All those guys do is stamp passports and declaration forms.

Econo-Girl said...

Some computer gig. The good thing about computers is they are used in every type of work.