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To: richalessi
and interest rates the world over are set through central planning.

Really? What did the Fed set the 30 year mortgage at this week? Any chance you'll share that rate sheet with the rest of us?

If you think the market is setting rates, do you also think that inflation is in the 2-3% range

Yes.

63 posted on 07/19/2007 10:42:31 AM PDT by Toddsterpatriot (Why are protectionists, FairTaxers and goldbugs so bad at math?)
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To: Toddsterpatriot

So here’s where we part ways then, each is entitled to his opinion. Can’t really have a meaningful discussion with such a fundamental disagreement.

“If you think the market is setting rates, do you also think that inflation is in the 2-3% range. Yes.”

I’d advise you to watch the purchasing power of your CASH and see if it erodes at a rate higher than 2-3% over the coming years. Just food and energy prices alone will account for > 10% inflation annually.


65 posted on 07/19/2007 10:48:32 AM PDT by richalessi
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