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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (67308)8/8/2007 1:40:33 PM
From: NOW  Read Replies (1) of 116555
 
This quote from your missive:'The key in all of this is not inflation, as most believe. The Fed says they are most worried about inflation risks, but the reality is that they are most worried about deflation risks. Always. Always deflation. The Fed has no choice but to always remind us that the risks are tilted toward inflation, just as the Treasury Secretary, whichever one happens to be in office at the time, must always say that the U.S. maintains a strong dollar policy, even if monetary policy and fiscal policy are conspiring to devalue the dollar." is key. most simply seem not to get that.
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