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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Crimson Ghost who wrote (10473)3/19/2004 3:20:40 PM
From: philv   of 110194
 
"The idea that will hike the moment they realize inflation is taking off is debatable. "

That has been my view for quite some time. Price inflation, corporate profits and low interest rates to keep it bubbling. That is the recipe, but no hope for corresponding wage increases. This means the American public will pay and pay while their standard of living drops.

The great unwashed always pays and gets screwed in the end. It's the way it is.
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