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Strategies & Market Trends : Bob Brinker, Moneytalk and Marketimer -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (1695)	10/22/2007 9:31:15 PM
From: octavian	Read Replies (2) \| Respond to of 2121

kirk said: <<Lets make it really simple for you to understand.>> --Thank you, kirk. I appreciate you taking my low IQ into account in this debate so that I can follow it. <<IF the FED had stopped raising rates at 4.0% as Brinker advised them to, do you think core inflation would have peaked at 2.9% then fallen to the current 1.8 or 1.9% level, the high end of the Fed's target zone, as it has?>> --I don't know (being an idiot, how COULD I know)? But let me ask YOU a question. When you started saying brinker was wrong about high oil prices acting as a tax on the economy, did you say: "Brinker is wrong, BUT if the fed raises rates to over 5%, THEN high oil prices will not result in high inflation, so Brinker will APPEAR to be right, even though he won't be right? Did you say THAT? Hmmmmm??? Or did you just say that Brinker was wrong?