To: Tennessean4Bush
Expect that trend to continue. The Fed will probably gradually increase by about 2 basis points over the next two years, provided, of course, that they are right about inflation signals being modest. If inflation truly begins to kick in they will accelerate that. Why would inflation kick in? Economic growth is deflationary. Greenspan is following dollar policy as he usually does. I know that isn't the official story, but I call it the way I see it.
To: Moonman62
Economic growth is deflationary Huh??
'splane it Ricky???
41 posted on
06/30/2004 2:37:58 PM PDT by
evad
(What's BAD for democRATs is GOOD for America)
To: Moonman62
Economic growth is deflationary. I agree to an extent. I don't think inflation will get out of control.
45 posted on
06/30/2004 2:58:55 PM PDT by
Tennessean4Bush
(An optimist believes we live in the best of all possible worlds, a pessimist fears this is true.)
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