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

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To: shades who wrote (59049)4/21/2006 8:25:13 PM
From: bond_bubble  Read Replies (1) of 110194
 
Shades,
Below is the CPI statistics from BLS:
econstats.com

There is no way there was 50% fall in essentials. Also, note that in 1932 because of gold/$ revaluation, the inflation spiked 10% (the second column with very light fonts) in 1932... But overall the deflation was a max of 15% in 2 years. 50% is not correct - unless BLS has revised the data. Also, the gold revaluation must have caused inflation in US that is another reason why the Fed might have allowed the Banks to go under in 1932!! It is going to be exactly same now when the currency devalues!!
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