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To: Lucretius who wrote (33872)5/19/2000 10:48:00 AM
From: pater tenebrarum  Read Replies (3) | Respond to of 42523
 
really? these guys are spin doctors extraordinaire.

in fact, since both exports and imports are growing (only imports are growing faster), the proper conclusion is that capacity constraints are emerging globally (of course not in all industries). this should help to push inflation even higher.

btw, Hayami again intimated today that the BoJ's zero interest rate policy is coming to an end...that would mean major bubble fuel being turned off.