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Strategies & Market Trends : Waiting for the big Kahuna

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To: sandeep who wrote (45969)	2/16/2000 10:21:00 PM
From: Follies	Read Replies (1) of 94695

The gains in productivity and the deflationary pressures of the internet will lead to very little inflation over the next few years, IMHO. This is exactly what the Fed wants you to believe and it is totally false. Inflation is not rising prices, that is the usual symptom. Inflation is the increase in money supply relative to the reserves. If prices drop due to improvements in efficiencies this has nothing to do with inflation. Look to items which cannot be improved with better manufacturing/distribution, how about raw land, difficult to make more of that. Do you think land has shown no inflation?

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