Court Opinion

ID: 9469705
Source: CourtListenerOpinion
Date Created: 2023-08-05 02:47:00.968167+00
Date Added: 2024-06-11T17:41:31.248308
License: Public Domain

GEE, Circuit Judge,
dissenting:
I join in Chief Judge Clark’s dissenting opinion, adding only that the majority ap*315proach throws open the gates of fairyland, where in future there will be fought mighty battles in the air between experts opining learnedly under oath upon the intrinsically unknowable. Persons unable — as Judge Johnson’s opinion illustrates — to forecast reliably what the inflation (or deflation) rate will be one year ahead will swear to what it will be in forty. It seems especially ironic that we decide future rates of inflation sufficiently susceptible of knowledge to indulge sworn speculation about them today at the very time when it has become possible to believe that shortly they may become insignificant.