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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (53377)	2/10/2006 11:22:55 AM
From: GST	Read Replies (1) of 110194

None of the definitions (mostly redundant) of inflation that you presented include the defining feature of inflation: persistence. A price that fluctuates up and then down does not represent inflation and deflation -- it represents price fluctuation. The concepts inflation and deflation do not refer to transient price movements in either direction.

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