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Pastimes : Home on the range where the buffalo roam

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To: mishedlo who wrote (7636)12/17/2000 12:43:36 PM
From: mishedlo  Read Replies (2) of 13572
 
A word on inflation.
My answer to the following post is the link below.
<<(3) Inflation ...... While we see very little evidence of inflation in our economy, this word has been used more by the fed than anything else to place us where we are today. We are at the mercy of the Fed.
.......>>

Please check out the following link.

mwhodges.home.att.net

I have not studied this "doom and gloom" report seriously yet so I will not comment. I am seeking comments from others right now as to why this is or is not correct. As always, I want to hear both sides of the story. I will make my own decision about which side is right. At any rate, it sure does explain why Greenspan has been harping about inflation that none of us could see. That thought alone tells me that #3 above is wrong. Comments on this link anyone?

M
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