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To: Steve who wrote (48531)2/8/2001 11:26:21 AM
From: TigerPaw  Read Replies (3) | Respond to of 77399
 
Inflation is the cruelest tax of all
What type of investment works best in an inflationary environment? CDs?

TP



To: Steve who wrote (48531)2/8/2001 11:28:38 AM
From: kvkkc1  Read Replies (1) | Respond to of 77399
 
I'm not suggesting they turn non-interventionist. However, they should intervene when there is evidence of a possibility of that spiraling inflation. Inflation has been tame by historical measure. The financial press, i.e., CNBC, has made a mockery of the data with their overanalysis on each report. Times have changed. Given the supposed intelligence of the members of the committee, I would hope they could do their job, which you aptly pointed out.knc