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

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To: Mike Johnston who wrote (72666)10/23/2006 4:17:27 PM
From: bart13  Read Replies (1) of 110194
 

To put it another way, inflation is only bad for the market to the extent that interest rates rise during inflations (except this time)


Interest rates in the Weimar republic in early 1922 were about 5%, and in early 1923 were still only about 19%.

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