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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Surfer who wrote (1452)	10/7/1998 11:05:00 PM
From: Hank Stamper	Respond to of 15132

Re weaker dollar "means inflation." How would a weaker dollar lead to inflation? I do reckon that exports will benefit and imports will become more expensive. Is this it? Ciao, David Todtman

To: Surfer who wrote (1452)	10/8/1998 12:26:00 AM
From: Greg Butcher	Respond to of 15132

RE:My other concern is weaker dollar means inflation. If the dollar continues the slide (started today), can FED afford to lower interest rate? What the FED will do? Ignore dollar weakness and inflation consequences and concentrate on preventing recession?" I think Greenspan is loving this..remember he said last month that the small investor "deserves" to lose money. What a hell of a thing for the FED Chairman to say!! he is so far behind the curve right now this guy is dragging his actions and that scares me. AND you are right Inflation means a weaker dollar...thats what inflation is. Need more money to buy less stuff!!! econ 101. you know that and I know that but some folks scare me..lol!!!