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Pastimes : Alan Greenspan MUST GO:

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To: Master (Hijacked) who wrote (55)5/25/2000 7:46:00 AM
From: Mama Bear   of 494
 
Vince, there are plenty of signs of inflation out there. I think you must not do your own shopping. If you do, you must not be very price sensitive. Also, asset inflation is inflation. There has been a massive expansion of the money supply at the hand of the Fed. Trying to minimize the impact of oil prices is a mistake, IMO. Oil prices impact almost every good and service on the market. It will worm its way through the system, and be passed on to the end user. If you don't see the systemic dangers that Mr. G is trying to head off, I think you must have your eyes closed.

Regards,

Barb
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