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Strategies & Market Trends : Galapagos Islands
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To: Oral Roberts who wrote (43384)7/3/2003 10:19:10 AM
From: zonder  Read Replies (1) of 57110
 
What about this incessant talk of "deflation" in a country with consistent 2.1-3.0% CPI and 2.4-4.2% PPI over the last six months? Anybody realize that is INFLATION, not deflation?

March 2003 CPI was 3.0% and PPI was 4.2%, and yet Fed people were telling scary bedtime stories of the deflation monster.

Let us all hope they know to step on the breaks before we go over the top into some serious inflation...
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