Heinz Blasnik- Views You Can Use Message Board

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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: zonder who wrote (1476)	5/19/2003 10:45:56 AM
From: LLCF	Read Replies (2) of 4905

<"Rising prices" = Inflation> That's arguable as the 'Austrians' can attest. Hence 'stageflation' may not be what I'm searching for... don't know. <Again, I would be interested to hear your ideas as to why that seems a real danger for the US at this point. > My point is simply that plunging dollar = higher prices for many goods in America [imports] without commensurate price adjustment potentially even with falling demand. Of course only import prices would rise, so maybe not prices in the aggregate... but some real spikes in some areas could certainly occur. Of course falling demand for OUR most important export [our debt] would be unthinkable :) Luckily that is getting cheaper! DAK

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