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Subject: Sorry - it's hard to read through all of the misinformation . . .


Author:
Rob Dog Bastard
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Date Posted: 15:24:08 06/20/04 Sun
In reply to: Ray 's message, "Your response still lacks substance." on 21:31:11 06/17/04 Thu

Okay, Ray, since we've cleared tha air about the poor being unfairly taxed, maybe your point was that Bush's economic policies will drice inflationary trends.

Maybe. Or maybe the dramatic rise in GDP, the astounding performance of the US economy, and GROWTH in general will drive inflation. Inflation, by the way is up all over the world. It even made the cover of the latest copy of The Economist (<a rel=nofollow target=_blank href="http://www.economist.com">http://www.economist.com</a> - great paper, by the way, well worth the proce of a subscription if you're interested in actually knowing what goes on).

What is driving inflation is growth. All over the world. And the national banking systems are not doing their part to curb it just yet - so we will see a bit of inflation in the near future. Right now it's at around 3% - that's low. It will probably go up to about 6% - a little high, then drop to about 4-5% - very nice, sustainable rate.

Information, Ray, you need more information. Branch out - you work the overnight shift - STUDY!

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