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To: NOW who wrote (109423)6/20/2001 8:34:51 AM
From: Earlie  Read Replies (1) | Respond to of 436258
 
DDavid:

It would surprise me greatly if six months from now we harboured any concern about inflation. Yes, Greentwit has the money taps turned wide open and yes, short term interest rates are being reduced, but in spite of this, the vast majority of economic indicators are heading south and doing this with brutal speed. Global deflationary forces have been slowly gathering momentum for the last few years, but now, they have critical mass. Already, he is pushing on a string. I suspect that within six months, even Joe Fourpack will recognize it.

Best, Earlie