Is Inflation Back
We all believe that Alan Greenspan is increasing interest rates slowly bit by bit to insure that inflationary pressures are at a minimum. In the article “Is Inflation Back” by Daniel Kadlec posses a different concept on the interest rate hikes. He says that Greenspan my be increasing interest rates in part to have room to cut them again given the economy starts to deteriorate. I don’t agree with Mr. Kadlec but I am sure most don’t.