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Politics : Stockman Scott's Political Debate Porch

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To: Jim Willie CB who wrote (14274)3/10/2003 2:41:37 PM
From: lurqer  Read Replies (3) of 89467
 
Not sure whether you interpreted my post correctly. the sentences

He said the current difference in price between Tips and the equivalent bond, says the market believes that inflation will average about 2% for 20 years. He considers that to be extremely optimistic.

means he thinks that inflation will be considerably more than any 2%. So I believe that he, you and I are "in the same boat" on inflation. Actually, as we've discussed, it's more likely to be stagflation. Sorry if my choice of words provoked confusion.

lurqer
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