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To: pater tenebrarum who wrote (70006)	2/22/2001 4:41:51 AM
From: Don Lloyd	Read Replies (1) \| Respond to of 436258

hb - worldnetdaily.com Fed in a bind Llewellyn H. Rockwell Jr. "... If the data coming out over the next few weeks suggest the return of price inflation -- a consequence of way too much credit creation from 1996 to early 2000 -- the Fed will have a serious problem. It can't use credit creation to both forestall recession and avoid inflation. Taming one encourages the other. What's the answer? Bite the bullet. Let the downturn happen, come what may, and cushion it with a massive tax and regulation firesale. That's what economic law dictates. The long-term answer, however, is to restore a monetary system that is not vulnerable to manipulation by central planners at the Fed. " Regards, Don