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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lee Lichterman III who wrote (258234)8/30/2003 4:00:57 PM
From: Earlie  Read Replies (1) of 436258
 
Lee:

Good comments.

I fully agree that it is a complex game.
Making it even more difficult to deal with is the fact that an economy can indeed be forced to deal with the worst of both worlds.... i.e., both deflation and inflation can be operant at the same time (like now?)

I wish I had answers to your excellent questions, but I don't. What I do know is that at the interface that really counts.... retail.....where the consumer decides to buy or not buy products, things are not going well. I also know that government tax receipts are declining and precipitously at that in some jurisdictions. Recovery? What a giggle.

Best, Earlie
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