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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (7195)	9/23/2002 5:27:02 PM
From: lurqer	Read Replies (2) \| Respond to of 89467

Now, of course, the money supply is expanding at such a clip that it's swamping any increase in output. Hence, the possibility, if not probability, of [resurgent] inflation is omnipresent." I watch the FIG. Both because it has a good record and because Greenie watches it. For a while now its behavior can best be described as spiking. I believe Greenspan is "running out of time". The dearth of cap-ex has precluded a rekindling of growth. Instead inflation has ignited. By spring, it will be a conflagration (IMO). And if we still have negligible growth, then we have a central banker's worst nightmare - stagflation. JMO lurqer