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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: GraceZ who wrote (2312)6/10/2003 10:45:13 AM
From: LLCF  Read Replies (1) of 4907
 
<That is, the Fed isn't trying to make the economy go with money creation. >

It may not be working, but they're trying.

You're 'real inflation' point actually reminds me of why the Austrians use the money definition not the price rises... those prices rises were actually caused in the main part by an externality [imported oil] no? So the Austrians wouldn't have worried about much of the price rise you point out and tried all those wacky price controls.

dAK
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