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At 01:41 PM 10/31/97 -0500, Greatelto wrote:
>I have stated in previous postings that I think deflation is more of a fear
>than inflation. The main culprit in the USA is our ability to efficiently
>mass produce goods in a period of weak pricing. A very good example is our
>auto industry.
>
>Your points are well taken. But to experience an another depression like the
>30's, at this point, does not appear likely. I would be reluctant to rush
out
>and sell real estate and collectibles on a wholesale basis. I think a modern
>definition of deflation might well be inflation in the 0-2% range.
>
>Jerry
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Jerry -
Please elaborate on what you said in: "I think a modern definition of
deflation might well be inflation in the 0-2% range."
-- Frank :-)
High Return on Investment using Technical Analysis
http://www.usinternet.com/users/fbg/
Minnesota Long Distance Canoe Racing
http://www.usinternet.com/users/fbg/mnlong/
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