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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: GST who wrote (86606)9/20/2007 4:15:41 PM
From: sea_biscuit  Read Replies (2) of 110194
 
I think Mish is in the deflation camp because he believes hyperinflation can happen if wages increased sharply and he argues that wages cannot increase because of competition by cheap labor across the world. Maybe there is a gaping hole in that argument somewhere, but I cannot seem to find it!
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