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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: John Vosilla who wrote (19701)12/28/2004 12:50:52 PM
From: mishedlo  Read Replies (1) of 116555
 
Would it be more appropriate to say persistently low real interest rates along with a steep yield curve during a disinflation period have lead to monetary growth over an extended period? Could disinflation perhaps have gone over the edge already with vanishing demand for credit in many depressed markets in the midwest?

I think so.
economagic.com

It has not headed down overall yet, and one month data is not yet reliable. Lets see what starts and housing look like over the next few months.

Mish
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