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To: BigBull who wrote (88469)3/9/2001 9:34:03 PM
From: Tommaso  Read Replies (1) | Respond to of 95453
 
No, I don't think so.

But please note my qualification, that if the Fed continues at the present rate, inflation is inevitable. If they don't, it's not.

The present rate is at about 25% annually, and that is immensely beyond any capacity of any economy to increase productivity.

If they keep this rate of money supply up, or anything close to it, that guarantees inflation. But if they cut it back to something that will prevent inflation, that immediately guarantees market collapse.

BTW, did you look at the Fed figures?