the Bird is on the Wing” (from The Rubáiyát) Now, nine hundred years later and in the closing months of the same millennium, these words of wisdom become very appropriate once again, referring of course at this juncture to the Y2K problem of our modern electronic age.
For instance, welldesigned energy and fiscal policies can make a key contribution to dampening short-term inflationary pressures, thereby helping to keep inflation expectations anchored[31] and reducing the amount of monetary tightening necessary.