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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: NickSE who wrote (15154)	1/11/1999 4:46:00 PM
From: yard_man	Read Replies (1) \| Respond to of 86076

>>Curt Hunter, director of research for the Chicago Fed, said the relationship between money growth and the economy is still "unsettled," but observed "in the long-term inflation is a monetary phenomenon, so the question is: what's happening to the money supply?" While money has not yet been pushing up consumer prices, he said it could be "yielding asset price inflation. That's a question that needs investigation ... . It's something worth keeping an eye on."<< Let's get 'em some glasses ...