Jeff wrote:
> We gotta take a hard stand against the ooh-scary boogeyman,
> inflation. Even when he doesn't exist. :-(
Inflation of housing prices exists, right?
> The only solution to that is to cause a major recession / mild
> depression in order to bring the real economy in line with
> the one predicted by the econometric models, which have no
> place for increasing returns, network effects, or
> productivity increases not based on tangible-good
> production-based metrics.
I thought "recession" and "depression" were defined in terms of
negative growth. We haven't had that yet as an economy, right?
Also, as far as I can tell unemployment has not really changed
at all during all these interest rate increases and decreases.
So we're not actually in a recession, right?
---- Adam@KnowNow.ComAt first sight it looks like a regular cell phone - same size, same shape, same overall appearance. But beneath the digital face lies a .22-caliber pistol - a phone gun capable of firing four rounds in quick succession with a touch of the otherwise standard keypad. European law enforcement officials - stunned by the discovery of these deadly decoys - say phone guns are changing the rules of engagement in Europe. -- http://www.abcnews.go.com/sections/world/DailyNews/phone001205.html
This archive was generated by hypermail 2b29 : Sun Apr 29 2001 - 20:25:56 PDT