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To: long-gone who wrote (25080)12/30/1998 11:44:00 AM
From: Bob Dobbs  Respond to of 116955
 
Richard:
I'm not sure what meaning this has except that whatever is on Greenspan's mind has a greater chance now of becoming policy.
I'm worried at this point that the FED is running out of rope in the reinflation game. They only have so much of a margin above CPI growth that they'll eventually reach a wall.
Bob