Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 333.71

-2.2%

11:05 AM EST

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To: Sam Citron who wrote (43588)	3/12/2001 4:37:54 PM
From: Katherine Derbyshire	Read Replies (1) of 70976

I thought deflation was the worry post-Asian financial crisis. Yardeni is behind the times! :-) Although deflation is one of the worries inherent in free trade and free flow of information. Free trade means the sale can always go to the cheapest producer, and free flow of information means the customer can always figure out who the cheapest producer is. IMO, this is more of a worry for other countries than for the US. The US has already mostly given up on trying to be the cheapest producer, and is well on its way to an economy based on higher value (such as information and services) rather than lower price. Katherine

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