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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Patrick Slevin who wrote (7315)2/13/2006 5:56:47 PM
From: Patrick Slevin  Read Replies (1) of 33421
 
You know, so many posts have gone by, I forgot the original post.

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I think a drop in the Dollar will eventually lead to the point where yes, there will be significant inflation as a result of Fed loosening rates,

I'm certain in the original post I said we will need a Volker to pull us out. But that will be down the road, after this Fed does some damage (if they are going to proceed on a course of dropping rates).

We will need is not the same as we do need.
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EDIT.

Finally read the original post. I said if we need, et cetera.
That still does not mean I'm screaming inflation. I just happen to agree with the policy of tight money.
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