We're going to be running into very severe pressures in later years, and the better we are prepared in moving into that period, the more likely it is that we will address it in a rational, sensible rational way,
Technology is also damping upward price pressures through its effect on international trade,
It is still too early to judge whether the froth will become evident on a widening geographic scale or whether recent indications of some easing of speculative pressures signal the onset of a moderating trend,
Inflationary pressures will be reasonably well contained, so long as productivity is moving at a reasonably good clip,