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Non-Tech : Deflation
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To: JF Quinnelly who wrote (207)1/16/2004 2:41:46 AM
From: Maurice Winn  Read Replies (1) of 621
 
Hi jfred. Another year down the line and the Biotelecosmictechdot.com bust is a fading memory and no deflationary cascading implosion happened. Even Japan's deflationary trend has come to a halt. Milton Friedman said deflation is impossible due to the invention of the printing press [not to mention the cyberspace pixelation process which enables unlimited money to be encrypted and auctioned in seconds].

Deflation remains as common as weapons of mass destruction in Iraq = much rumoured, looked for everywhere but not much evidence of anything.

Mqurice
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