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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (13723)10/20/2004 9:55:46 AM
From: kormac  Read Replies (1) of 116555
 
Inflation has three stages. First is the unreasonable increase in money supply. Next comes the rise in prices. The third and the most devastating part it the EXPECTATION of increases in prices.
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