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Politics : Ask Michael Burke

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To: Earlie who wrote (84105)10/12/2000 6:50:47 PM
From: BGR  Read Replies (1) of 132070
 
Earlie,

Re: deflation-inflation etc., I did state what I meant to state.

It is indeed self evident that the borrowing has slowed. When interest rates go up, it takes 9-18 months for the effect to be felt on the economy, as any first year gradute student of Economics knows. But, now the Fed seems to be done, and may in fact lower instead of raising. What does that say about the future of the US economy? This lag, again.

-BGR.
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