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Re: federal reserves post# 84502

Saturday, 03/08/2003 12:34:36 AM

Saturday, March 08, 2003 12:34:36 AM

Post# of 704047
federal reserves...

You may be correct about deflation as normally defined not happening, even though a recession (global) seems inevitable. My guess is that the current inflation we are seeing will abate due to the downward pull of the global recession, but I do not rule out completely the stagflation scenario you postulate - the Fed seems intent on printing all the money it can. My question is whether or nor they can actually get that money into the real economy, and for now I remain doubtful.

mlsoft

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