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Politics : Formerly About Advanced Micro Devices

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To: Scumbria who wrote (131605)2/5/2001 7:35:26 PM
From: Jim McMannis   of 1570073
 
RE:"There hasn't been any inflation. The Fed raises interest rates to slow growth and increase unemployment."

There has been major inflation in Real Estate ever since Clinton signed that big tax cut a couple years ago. The one eliminating capital gains on home sales. One of the largest targeted tax cuts in history.
Other areas have inflated recently as well...
not to mention oil.

Jim
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