To: Crimson Ghost who wrote (36392 ) 3/3/2002 6:58:37 PM From: Jim Willie CB Read Replies (1) | Respond to of 99280 Swiss Zulauf is a sharpie I dont follow him much, but we are in fine synch consumer rebound is spent, done, kaput tax refunds, mortgage refis, lower energy costs, debt to the hilt jobs will continue to erode slowly, and not rebound muchinflation must occur to exit the funk and such Fed-induced inflation will eventually lead to higher prices of goods and commodities I find it almost TRAGIC that mainstream American folks and esp investors CANNOT EVEN DEFINE INFLATION, nor do they know ITS ORIGIN inflation: rapid increase in money supply, resulting eventually in widespread higher prices in 2001 the Fed increased money supply by 20% Zulauf claims they will continue to increase money supply at these staggering high levels this will lead to higher prices, higher interest rates but the first jolt will be commodity prices most investors claim WE HAVE NO INFLATION, thinking prices but they cannot tell you how higher prices happen bigtime inflation is in the pipelines that is why longbond yield has not and will not come down that is a principle frustration for GreenManiac bigtime blueblood bondholders are the smartest most conservative guys around gonna be fun Zulauf loves mining and mineral stocks, hates banks smart guy, since more bankruptcies are coming, and bigbanks will be holding the bad paper we agree we will see, since nothing is guaranteed we might see another yearlong splurge of debt-based spending and then the explosive effect on prices from the mindboggling, unprecedented, horrific inflation that GreenFuche has wrought I fully expect GreenScrotumBag to go down in history as the most irresponsible Fed Chairman ever seen he is like a pyromaniac who sets fires, and is first to arrive with the fire hose then is given credit for putting out the fire the examples during his tenure are so numerous thanks for the post / Jim