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To: GraceZ who wrote (3712)11/26/2002 3:17:19 PM
From: ahhaha  Respond to of 29601
 
RPs are only a fine tuning device used to control the fed funds fix with no lasting effect. That can change in a demand regime, but even then the RP free float must grow over time in an environment of accelerating price level to be considered "throwing gasoline on the fire".