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To: long-gone who wrote (40873)9/27/1999 12:56:00 AM
From: ahhaha  Read Replies (1) | Respond to of 116795
 
You and Bobby are scaring me. I thought it was acceptable to have a little inflation. Isn't that what our great FED leaders say?

Their daily priority is to guarantee prosperity at ANY cost including rising inflation. They believe that you can manage inflation better than you can manage the unemployment line. Even though they are repeating the mistakes of the past you will never get them to believe it is folly to presume to know what money is worth. The last thing they would ever do is turn that responsibility over to the markets where it rightly belongs. They teach their students the virtues of the free market, but this is the real world, so what they teach doesn't apply here.

What is that the addicted always say? A little drink never hurt anyone. Just a teensy weensy itty bitty one. They can always dry out later and go on to sober things.