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To: Ahda who wrote (33136)5/4/1999 4:06:00 PM
From: Zardoz  Read Replies (1) | Respond to of 116756
 
"That means the more dollars in, the less value will be from those dollars."

True. But growth is what caused the bull run from 1994 to 1998. Growth was why the FED could pump in the money. If growth has dropped of, then is inflation now passing the growth rate?

I wonder if Greenspan has reinstated the boom bust cycle of economics?