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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (263111)4/30/2008 3:22:24 PM
From: c.hinton  Read Replies (1) | Respond to of 281500
 
Tim....read the parameters set out in the fed paper please.....it assumes a constant rate of inflation wcich generally means a constant rate of interest.

I think its time to close this argument since obviously there are always exceptions to generalizations...and since the fed researchers are more qualified that you or I to make an analysis.