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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (37748)10/3/2000 2:39:18 PM
From: Jacob Snyder  Read Replies (1) | Respond to of 70976
 
And, if an excess of liquidity causes inflation, that too can be fixed, by adjusting the way the CPI is calculated. Remember, statistics like unemployment, inflation, productivity, and corporate profits can come out however you want them to, if the rules are complex enough, and you hire enough Creative Accountants.

JS@futuressobrightgottawearshades.com



To: michael97123 who wrote (37748)10/3/2000 3:03:26 PM
From: willcousa  Respond to of 70976
 
Did it work both times or did the Fed just yo-yo the economy around its' trend line?