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To: KyrosL who wrote (120134)	9/8/2001 4:23:43 PM
From: Tommaso	Read Replies (2) \| Respond to of 436258

>>are even weaker than the dollar<< The dollar is extremely strong. This has kept prices low. Inflation is already under way in housing. I was just reading that DC-area prices rose 18%, which I assume means annualized, not absolute, in a single quarter. I post these links too often, but the graphs and even more, the tables below them, show an unprecedented (since the Civil War) expansion of the US money supply. Such expansion has always caused a currency to lose value; it's on the order of what has repeatedly destroyed the economies of South American countries. Maybe it will stop soon. stls.frb.org stls.frb.org