Dear Rakesh:
A) Could you clarify some terms of your OPE-L [3868]:
1. "BLS inflation rate"
BLS: Bureau of Labor Statistics? A non-consumer price index?
2. "not for reductions in COLAS"
???????????
B)
> doesnt low inflation now serve to increase real interest rates, abet the
> bankruptcy of competitive capital and thus intensify the centralization of
> capital...
Well, if they cannot pay the increased real interest rate,
actually they would not be "competitive capital", I think.
What is "competitive capital"?
All this seems to come from some debate in the US. Could
you clarify a little bit your background. Thanks,
Alejandro Ramos M.
21.12.96