Actually I think that inflation is going to be driven on interest rates, the declining value of the dollar, and the increase in the cost of raw goods, namely oil. It is going to take a lot of discipline in budget and tight control from the Fed on that interest rate. If our unemployment figures continue to climb, we are looking at a pretty heavy hit because money circulation crawls to a stop as people lose confidence and start to save instead of consume.
Probably not the best time for Greenspan to retire...
Corporations are supposed to be "greedy", in fact they have to be. The trick for a lot of them is staying greedy and ethical at the same time!
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Oft expectation fails...
and most oft there Where most it promises
- Shakespeare, W.
Last edited by chickentribs; 06-08-2005 at 09:22 PM..
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