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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Knighty Tin who wrote (137754)12/8/2001 2:42:47 PM
From: Mark Adams  Read Replies (1) of 436258
 
Should the bond vigilantes succeed- it could help foster deflation. As I understand it, a secular period punctuated by multiple recessions creates a prime environ for deflation. And as long as it remains mild and the coupon payments continue- this might not be a poor outcome from a bond holder viewpoint.
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