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To: Investor-ex! who wrote (31326)	4/7/1999 7:04:00 PM
From: hunchback	Respond to of 116799

They make it sound like one of those roll-over your balance credit card deals...ONLY 3.9% UNTIL 04/00 (when you declare bankruptcy). WASHINGTON, April 7 (Reuters) - The International Monetary Fund approved the release of $245 million from its massive loan to South Korea on Wednesday and said a modest economic recovery would pick up over the course of the year.... ...The fund offered a large part of its money to South Korea at higher than normal interest rates and Seoul has already started paying this money back.

To: Investor-ex! who wrote (31326)	4/8/1999 12:06:00 AM
From: PaulM	Read Replies (3) \| Respond to of 116799

Oil Sparks No Inflation Fears at Fed biz.yahoo.com P.S. Do you have any opinion as to what the the real rate of inflation is (not the CPI, the overall annual percentage loss of purchasing power of the dollar)? For me, it seems pretty obvious that we're in the midst of an equity mania unprecedented in the history of our Republic. There is only one range of real interest rates that could explain these circumstances: less than zero. Negative real interest rates would explain a great deal and put inflation at about 5% annually, give or take. That sounds about right to me.