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To: KeepItSimple who wrote (58718)	1/17/2001 8:06:49 PM
From: Moominoid	Respond to of 436258

Again, even if you take out all the quality adjustments in computers - which is the biggest adjustement - while it has a big impact on that sector and on manufacturing productivity as a whole it doesn't overall in the economy as 80% of the GDP is services. No amount of wishful thinking will make that adjustment cutout some huge annual percentage quantity of inflation. So that there can be inflation that is off the scales. As I said in a previous post that would have to mean real output was collapsing at a frightening pace for years. Which it clearly isn't. One of the Feds problems in controlling the currency is the amount of US dollars held outside the US. David