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To: Jim Willie CB who wrote (2174)	2/2/2000 1:43:00 PM
From: candide-	Respond to of 35685

JW, you may have just uncovered the real driver behind Mr.G raising rates. C-

To: Jim Willie CB who wrote (2174)	2/2/2000 1:54:00 PM
From: Dr. David Gleitman	Respond to of 35685

Not to split hair's but look's more like 100 years. This was more of a theoretical question, but what makes this interesting is that I can see that the government would be interested in controlling inflation from the point of view that they would have to pay less money interest to the bearer of the bondsif there was less inflation. If there are inflationary pressures or pressures coming from the equities market (stocks, etc.) and they would be better yielding instruments, such as nongovernment bonds, securities, etc., this with a more pressure on the government to pay a higher yield. Perhaps I am stating the obvious however a lot of economics appears to be a lot of hocus pocus with Monday morning quarterbacking justifications, after the fact. Twenty minutes to go... (tick, tick, tick, tick) Regards, David