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To: Joe NYC who wrote (103143)	5/4/2000 2:14:00 PM
From: JDN	Respond to of 186894

Dear Joe: The price of something consists of: Material Costs- Same everywhere in this global economy excepting freight costs. Labor Costs--This is where productivity enters, if your productivity is greater you can afford to pay more Overhead--All other costs INCLUDING interest. Profit--whats left over. Since material costs are similar world wide, and since other countries dont seem to be complaining about inflation doesnt seem thats the problem. (the energy portion is a one time event and not influenced at all by interest rates) Here is USA we seem to be most worried about Labor Costs. Yeah, stiff the working guy as usual. If it werent for the lousy politics we would increase working visas and solve THAT problem instantly. (many nations, example Germany, in the past have imported vast amounts of foreign labor. Here the leftovers of the unions and misguided Politicians wont allow it. Interest rates are very inefficient means of controlling anything other than misery. JDN