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To: NOW who wrote (93084)	3/11/2004 1:28:13 PM
From: skinowski	Read Replies (2) \| Respond to of 209892

TE, I am thinking about them long and hard, but I don't think I really understand the dynamics well enough. Grant's had a couple of discussions where he expresses mixed feelings, but - on balance - he still recommends them. Grant thinks that in the end the printers will carry the day. I think the same, basically. I think in the end we'll have bad inflation in dollar terms, along with deflation in terms of more stable units of value AND/OR dollars which will be very expensive to borrow. Bobcor brought it up for discussion last night... I tried to get him to talk about TIP's, but only elicited a brief comment... -g.