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To: red_dog who wrote (83073)2/16/2000 5:13:00 AM
From: lee kramer  Read Replies (1) | Respond to of 120523
 
RogertG.: I still must disagree about your take on inflation. Example: Oil prices have skyrocketed in recent weeks. Sure, oil costs us all more. But if we spend more for oil, we spend less for other goods and services because our capital is limited. No, the only way we can pay more for oil and anything else we want is if the Fed/Treasury (NOT separated at birth) shove more and more money into the economic stream to keep the "game" alive. And yes, they've been doing it...just take a look at the growth in the money supply. (Lee)