[WarrenC]

Okay bvw, we get the idea. You don't believe the numbers because fuel prices are high. On the other hand, Lawrence Kudlow and Prof. Fair seem to be impressed with the economic data. I don't recall how accurate Fair's model is, but I'll take encouragement from it until someone produces evidence that it hasn't been reliable in the past.

[bvw]

The inflation numbers are way out of whack. And recently I've had the insight that the soft-comfortable mattresses of fiat money shipped willy-nilly throughtout the land have had a very unfortunate effect of diluting and almost making nil the necessary person-to-person feedback which usually serves to correct problems in the economy. Too many are asleep on those comfy mattresses of "cash".