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To: John who wrote (240014)5/10/2003 5:42:03 PM
From: Terry Maloney  Respond to of 436258
 
John, I really don't know ... I can't even make up my mind between inflation and deflation. <g/ng>

All I know is that the fed seems to be between a rock and a hard place.To keep the debt pyramid from collapsing, it seems that they have to find a way to devalue the currency while simultaneously keeping rates low. It'll be an interesting trick if they pull it off ...