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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (51536)	5/16/2002 12:43:45 PM
From: Jim Willie CB	Read Replies (2) \| Respond to of 65232

But inflation is well-contained and gives the central bank "more room to react to a slow recovery, should it unfold," he said. translation: redefined inflation (CPI, highly politicized hedonic formula) remains under control for now destination of the unprecedented 30% monetary inflation since Jan2001 has to date been directed largely where desired, e.g. support of stock market, extension of consumer debt financing of consumer spending, military and security spending, and replacement of burned capital from debt collapse it must be nice to redefine a concept (inflation), then declare it under control more perverse is to convince the public on the new definition I wish human viruses behaved the same way if sexual relations were redefined in the same way, the men in our population would all be married to pornshop owners the following are an indirect result of debt extension abuse: the stock market slides, consumer overspending, debt collapse so the cure for the monetary abuse is more credit extension, otherwise known as monetary abuse housing starts showed deep foundation cracks today the economy is built on sand / jim