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Pastimes : QQQ & DIA - chat & chart
QQQ 611.67-1.9%Nov 6 4:00 PM EST
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To: MeDroogies who wrote (564)5/10/2003 12:09:52 AM
From: pass pass  Read Replies (1) of 795
 
good thesis, should I load up Intel and Microsoft then? You said "But this stagflation is more manageable due to improved computing and management versus, say, the stagflation of the 60's or 70's"

again, good thesis, but I don't think we are in stagflation. There is no pricing power thanks to the 1.3 billion smart and hardworking Chinese. I think the Chinese has brought deflation to the world.
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