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Politics : Ask Michael Burke

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To: Bill F. who wrote (69237)10/19/1999 9:06:00 AM
From: valueminded  Read Replies (2) of 132070
 
Bill/All:

I have to laugh, according to economists, Good news for long bond holders, cpi increases at expected .4% rate. Lets see, annualized thats 5%. Bonds should tank. Oh yes, if you ignore: automobiles, food, energy, housing & tobacco, the rate is only 0.1%.

So: spend the night in a sleeping bag, pick wild berries for breakfast, and walk to work and quit whining about inflation. <g>

ps enjoyed your rap, and definitely believe that fed is waaay behind curve which is why none of my money is in bond funds.
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