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declining gold prices do not support this view...inflation is still not
a problem even with rising oil prices...the u.s. infrastruture has taken
energy pricing into account over the years and maded adjustments via crude
/ natural gas hedging strategies, but the transports (air, rails, and trucking)
might be impacted for a while. remember that we are in a different world
than in the late 70's-early 80's.....thanks to microsoft / intel and the
rise of small home offices and businesses......
TJ
At Thu, 9 Mar 2000 07:23:37 -0800, "Brian Massey" <bnm03@xxxxxxx> wrote:
my opinion of why Greenspan
>is
>against a wholesale tax cut is because it creates inflationary pressures
>that the economy doesn't need right now.
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