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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: mishedlo who wrote (71777)10/12/2006 4:19:13 PM
From: GST  Read Replies (3) of 110194
 
You are in denial Mish. We are in a long term period of inflation -- denying it is a waste of time. A reversal of that trend is not in the cards and you have provided no reason to expect such a reversal. Your by now familiar attempts to obscure the trend by trying to change the conversation and talk about the inadequacy of measures of inflation merely points up the vacuous nature of the case for deflation. Different measures will yield variance on the degree of inflation. None will challenge the long term persistent trend in prices. You are wasting your time hiding behind the "we can't measure price inflation" shuck and jive.
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