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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (22630)2/2/2005 5:23:55 AM
From: zonder  Read Replies (1) of 116555
 
we have been in disinflation ever since interest rates peaked at 18%

I know this is an argument nobody is going to win with you :-) But still, have you slept through the last two years? From what I recall, inflation dived from about mid-2001 to the end of 2002, with core PPI briefly touching negative territory, and throughout 2003 and 2004, it has been INCREASING.
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