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Non-Tech : Deflation
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To: JF Quinnelly who wrote (13)1/5/2000 3:07:00 PM
From: pater tenebrarum  Read Replies (1) of 621
 
i agree with that 100%. the Fed has ramped up the money supply like never before during the 90's and especially so in the past 3 months. credit excesses in the U.S. are at an all time high: both household debt and corporate debt have recently eclipsed their former highs dating from the 1930's. here's an interesting link regarding credit creation during the past few months:

ntrs.com
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