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

To: Crimson Ghost who wrote (19056)	5/12/2003 5:49:53 PM
From: Jim Willie CB	Respond to of 89467

longterm rates are ignoring many signals, agreed - rising commodity prices - rising energy prices - falling dollar - imminent rising import prices - rising producer prices - mindboggling acceleration in MZM money supply - rising employment costs - rising health care costs - rising local and state taxes you bet something monstrous ugly this way comes a gradual price inflation will return its incipient arrival will be moderate at first both debt default (with consequent product liquidation) and Chinese high-pitched imports will keep the price inflation very tame at first then later price inflation becomes a problem but only in the US Economy / jim