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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: John Vosilla who wrote (69084)8/30/2006 10:01:16 AM
From: Mike Johnston  Read Replies (2) of 110194
 
Very difficult to imagine a deflationary crisis with the amount of money in the system every year going up by 8-10%.

Retail sales are running 8% y/y for a while, but it is all because of higher prices paid. Stagflation is already here.
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