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To: mc who wrote (22014)5/14/1998 5:58:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 95453
 
**OT** inflation stuff agin.....

Gary: Start by defining real grwth.
<<What is the best interest rate to optimize REAL growth?>>

Inflationary growth is smoke and mirrors IMO. Throughout history, empires have achieved accelersted growth though war or very occasionally through technological breakthoughs(industrial revolution) which is effect technological warfare...