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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (5466)7/24/2000 7:28:30 PM
From: No Mo Mo  Read Replies (2) of 436258
 
Heinz-

Thanks.
I'm finally starting to get this (see my post to patron...) I've wondered what exactly you were referring to for some time.

..."being in a disinflationary secular cycle has only meant that much of the monetary inflation has simply been channeled into asset prices..."

e.g. Equities prices (QCOM,BRCM,JDSU,etc.,etc.,etc....) going through the roof? Real estate, as well....or no?

- although any simple private inflation survey will quickly reveal that depending on your income, inflation has been very real. in fact, the lower your income (i.e. the more of your income is being used up by spending on necessities), the higher the inflation rate is."

I've seen you rant about spinning of CPI #'s for months. I assume this is the type of inflation they obscure. You been very generous with your time so I won't trouble you to explain how, but I am very curious.

Thanks, again.
-Darin
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