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To: ahhaha who wrote (40719)9/24/1999 4:13:00 PM
From: gpowell  Read Replies (1) | Respond to of 116791
 
Rising oil price is deflationary and it is the only factor that is enabling the FED from raising fed funds immediately. They are on hold as long as oil price rises at its current rate. The FED could care less how much M2 is being generated.

How? Weren't rising oil prices inflationary in 74'



To: ahhaha who wrote (40719)9/24/1999 7:44:00 PM
From: Ron Struthers  Respond to of 116791
 
I guess we all have different opinions and we will have to agree to
disagree on many of ours.

Ron