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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Lymond who wrote (72782)1/4/2000 1:55:00 AM
From: Skeeter Bug  Respond to of 132070
 
john, the fed doesn't care about asset inflation. the fed will continue to pump reserves and increase money supply at double digit rates until *consumer* inflation picks up.

well, that is unless they can re-define consumer inflation fast enough! ;-)



To: Lymond who wrote (72782)1/5/2000 3:54:00 PM
From: BGR  Respond to of 132070
 
Happy new year, John. I apologize for my confusion about your opinion of this Fed's handling of the dollar. I believe, however, that asset inflation is outside the Fed's domain.


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