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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Art Bechhoefer who wrote (20246)	10/14/2002 1:01:00 PM
From: c.hinton	Respond to of 36161

,where do politics end and economics begin?I have a vague suspicion that inflation was general gov policy well before the 60's(1933?) ..Be you republican or democrat or independant raising taxes and cutting benefits to balance the buget will loose you your job.With controlled inflation you can avoid both.Useing interest rates as a type of pos/neg feedback system( that by its nature, always lags behind) inevetibly leads to wild swings both ways,but it has the advantage of being beyond the comprehension of the average voter. So we are in for a bout of deflation followed by one of inflation whose extremes will be in direct relation to the amount of debt present in the system.Whew! I am blowing it out my ass.g Ps how high was unemployment during the last carter years?double diget?