Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (7734)	8/26/2001 3:53:55 PM
From: marcos	Read Replies (1) of 74559

Ah, great start to working it out - Inflaland and Deflaland - But, you're still using arbitrary terms, i.e. fiat currencies, as your measuring sticks ..... how about using something real as the purchasing standard - grammes of gold and/or hours of work for the various income strata - from campesino through the median J6P to the top five per cent with a stranglehold on most if not all economies? '..telcoms have successfully kept inflated prices..' - yes, but this is in a state of flux now, isn't it ... some of the changes being incremental, and many being quite excremental ... [i got hung with some CLEC paper not long ago, hence the attitude]

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