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Re: Prayin' for a warm Winter
An oil shock would not be considered inflationary. Back in 73 the Fed wisely
refrained from raising rates, but chose to accommodate the oil shock.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail michael@xxxxxxxxxxxxxxxxx
- Thread context:
- World Bank Development Report out today,
Lisa & Ian Murray Wed 13 Sep 2000, 01:55 GMT
- The Internet Anti-Fascist: Tuesday, 12 Sep 2000 -- 4:74 (#467),
Paul Kneisel Wed 13 Sep 2000, 01:04 GMT
- Prayin' for a warm Winter,
Lisa & Ian Murray Wed 13 Sep 2000, 00:19 GMT
- Seattle, act two,
Louis Proyect Tue 12 Sep 2000, 23:29 GMT
- [fla-left] [education] Teachers' union to run 10 charter schools in Miami-Dade Co. (fwd),
Michael Hoover Tue 12 Sep 2000, 21:24 GMT
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