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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (99321)	3/21/2000 1:37:00 PM
From: Scumbria	Read Replies (3) \| Respond to of 1570701

Ted, I worry that the Feds do not think their past increases have done much good and may go for broke...1/2 pt. The price of gas is going up because OPEC has cut back oil production. Increasing gas prices causes increased manufacturing costs, which leads to inflation. The Feds, in all their wisdom, think that they can control this inflation by raising interest rates. Maybe they can throw the economy into recession by combining high gas prices with high interest rates? Maybe someone should tell Greenspan that "it is the oil, stupid". Scumbria