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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (112529)5/24/2000 7:55:00 PM
From: Scumbria  Read Replies (3) of 1570917
 
Ted,

I don't buy it for a second. In the 1970's OPEC drove the price of oil through the roof, and inflation was over 10%.

In the 80's and 90's oil was cheap, and inflation came back down.

Oil is expensive again, and inflation is creeping back.

The Fed is a bunch of theoreticians playing with themselves.

Scumbria
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