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Biotech / Medical : Biotech Valuation
CRSP 55.26+1.2%3:59 PM EST
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To: LLCF who wrote (6884)8/12/2002 10:31:16 PM
From: Biomaven  Read Replies (4) of 52153
 
THAT'S the case for gold!

Well even if you hide your gold under the mattress you still presumably would want to insure it - probably a wash with deposit insurance.

Of course real interest rates in Japan are still positive because of the deflation there.

Here's an interesting recent Fed paper titled Preventing Deflation - Lessons from Japan's Experience in the 90's:

federalreserve.gov

Peter
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