At 10:37 AM 6/17/99 -0400, you wrote:
>In the wake of yesterday's inflation report, I'd like to
>acknowledge the piece by Dean Baker of the Preamble
>Center that immediately followed the previous report,
>available on their web site. (www.preamble.org)
>
>It may be recalled that there was a hubub over last
>month's report of an inflation spike, including some
>cackling by locals on the "crisis-of-capitalism" watch.
>Brother Baker reported at the time that the spike was
>solely due to oil, was not likely to be repeated, would
>not spread to other sectors, and could not in any case
>be curbed by U.S. monetary policy (except at the cost
>of job loss).
>
>mbs
>
>