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To: Bill Ounce who wrote (828)12/20/2002 12:18:39 PM
From: Savant  Read Replies (1) | Respond to of 840
 
B'rer Bear, Puhlease, Don't throw me in dat Briar Patch..
the 'soft patch' of the economy(s) is rather like the Tar Baby.
Sticky and suckin 'em in.
G-man also said.."Although the U.S. economy has largely escaped any deflation since World War II, there are some well-founded reasons to presume that deflation is more of a threat to economic growth than is inflation," Greenspan said, citing the Fed's inability to cut rates below zero and companies' inability to lower labor wages.

If they're having to deny it, must be here or close by. The other Fed Govn'r seem to think it is here.
S.