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Politics : Stockman Scott's Political Debate Porch

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To: lurqer who wrote (4084)8/7/2002 1:50:10 PM
From: Jim Willie CB  Read Replies (1) of 89467
 
I am working on my 10 REASONS WHY INFLATION WILL RETURN

a preview:
- Fed is inflating with a pace never seen before in the history of our country

- the dollar is declining, and we import almost half of everything

- commodities are not confirming the deflating stock indexes, many of which are from abroad, but most of which are necessities which havent been involved in bankruptcy liquidations

- the bond yield curve is sharply tilted, nowhere near inverted

- if foreigners sell TBonds (as I expect), rates will rise

just way way way too much dollar money chasing goods & cervixes

/ jim
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