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Strategies & Market Trends : Natural Resource Stocks

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To: isopatch who wrote (11436)	5/18/2004 11:27:37 AM
From: Little Joe	Read Replies (1) of 108763

While it is true that economic conditions were different, we certainly did not have deflation during the last oil crisis. What scares me now is that the fed is printing money like confetti and we are still not seeing wage inflation. If we don't have wage inflation and we do have commodity inflation, how will people live? The frantic attempts by the fed to pump up the volume of money, with little real benefit, except the creation of more debt portends serioud problems. How they will manifest is the part that is hard to understand. Little joe

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