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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Box-By-The-Riviera™ who wrote (85143)3/24/2001 10:10:57 PM
From: NOW  Read Replies (3) of 436258
 
Joel: I take it the author of that longwaves post thinks we are going to get some serious INFLATION soon, (or did i misread him?)
And he says:"If inflation and rates are rising, one can do good by cutting them when
recession looms. The flip side of that coin is that when rates are
declining it means one has no room as a policy maker/politician to improve matters."
But indeed, AG is cutting with inflation rising, is he not?
I say he "succeeds" in inflating but it scares us into recession.
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