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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Jim Willie CB who wrote (34236)5/22/2003 2:03:51 PM
From: RealMuLan  Read Replies (2) of 74559
 
>>before long it will be G9 with China included
but with a price
they will allow their currency to float
then all hell breaks loose in USA with imported price inflation<<

We still have a long way, 5-10 years to say the least, from this.

And I agree with what you said. As more and more people in China, India, and other developing countries can consume more, the price for raw materials would go much higher, thus the inflation is a sure bet.

>>the Fed is attempting to confuse the public into thinking we need to print tons more dollars to defeat this deflation scourge<<

The Fed does not need to "talk" to public, all they need to do is to convince the President and congress, which is not a hard work at all. <g>
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