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To: Bonnie Bear who wrote (13783)	2/2/1998 11:15:00 PM
From: Simon	Respond to of 18056

<< the dollar printing presses are working overtime.>>> It's off budget printing. Just like half the deficit that is counted as no deficit. Figures don't lie, it's just liars do the figures.

To: Bonnie Bear who wrote (13783)	2/3/1998 5:46:00 AM
From: Jack Clarke	Respond to of 18056

Bonnie, What is really troubling to me i that I can't figure out how global inflation will be contained when the dollar printing presses are working overtime. I've been pondering the same question for lo these many months. Is there no mechanism for keeping countries and their governments "honest". Without a standard (?gold), can they all print and inflate at will, so long as they all play the same game? Perpaps they have discovered the financial and economic equivalent of the perpetual motion machine. Jack