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: LLCF who wrote (1487)	5/19/2003 11:35:15 AM
From: zonder	Read Replies (1) of 4905

Honestly, I don't know what you are talking about. Stagflation is a very extreme situation. And trust me that IS the term you are looking for. What are you referring to re "Austrians"? My point is simply that plunging dollar = higher prices for many goods in America [imports] Not really. Take a look at myriad emerging countries out there with plunging currencies and prices lower in USD terms. Higher prices depend on how soon (if ever) people are willing (and able) to pay them - i.e. USD fell 30% against the EUR, but prices in the US will probably not increase 30% anytime soon, since most of the country earns stable USD salaries.

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