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Re: ajtj99 post# 108461

Friday, 05/16/2003 6:32:52 PM

Friday, May 16, 2003 6:32:52 PM

Post# of 704047
It just seems to me that IF the economy is poor (as some people on this board claim), and IF interest rates were raised (I think Zeev is a proponent of this) and continued unemployement with more layoffs (which are forecast) and a continuance of "non-spending" by both big corporations (building infrastructure) AND "non-spending" by the remaining people with jobs; wouldn't an interest rate increase sort of be one of the last nails in the coffin?

Who's going to be left willing/able to BUY anything? Is that deflation or disinflation?





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