>I'll be attending a conference seminar this week on "Monetary Policy in
>the New Economy." A central bank Governor and an economist will be
>presenting. I suspect that the central banker will cry the blues about
>how all of the signals on conditions have changed in the New Economy.
>
>Are there any cliches, canards or examples of wishful thinking of which an
>impressionable mind should be wary on this topic?
Keep an eye/ear out for them using "inflation" as a euphemism for "wage increases."
Doug