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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: c.hinton who wrote (79152)	11/6/2001 9:28:01 PM
From: LLCF	Read Replies (2) \| Respond to of 116753

< Consider how low interest rates on italian gov bonds have dropped in the last decade. 13% down to 4.5% with very little real structural change and you might get an idea of how much the gov has benifited from low apparent inflation. > Hasn't the lira been linked into the Euro conversion scheme and monetary policy been essentially taken fromt he central banks hands??? My point being that this is massive structural change as far as the monetary system is concerned... I believe this forced other changes [govt spending, salaries, etc] to fall in line. DAK