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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (117751)	8/21/2001 11:19:21 AM
From: patron_anejo_por_favor	Read Replies (3) \| Respond to of 436258

See ACF this morning?<VBG> EDIT: "Triple-double" grub!

To: yard_man who wrote (117751)	8/21/2001 1:59:18 PM
From: AC Flyer	Read Replies (4) \| Respond to of 436258

tippet I've noticed lately that "go educate yourself" is the insult du jour. So, you're on the cutting edge of at least one trend. As far as whether AG is an inflation hawk or dove, I'll let the facts speak for themselves: economagic.com If your mind is open enough to actually take a look at this chart, you'll see that inflation (CPI) during AG's tenure has trended down from approximately 3.5% in 1990 to 2.00% in 1998. CPI inflation increased to about 3.0% in 1999 and 2000, which was a key reason for the series of increases in the fed funds rate implemented by AG in 1999 and 2000. These increases pricked the Nasdaq bubble, as we know. (Thank you, AG!) The CPI is now plunging - down 0.7% at an annual rate in July, I believe. Short term bond yields are at decade lows. The imminent deflation risk means that we will see a lower fed funds rate today and probably also in October.