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To: David Lee who wrote (34528)1/12/1999 5:56:00 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Daivd -- you have an economics degree and work for a bank -- so you are kidding, right?



To: David Lee who wrote (34528)1/12/1999 6:43:00 PM
From: Mahesh  Read Replies (1) | Respond to of 164684
 
David,

When too much money chases too few goods you have inflation. To curb it you tighten the money availability i.e. tight money policy - raise interest rates.

Mahesh