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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: SouthFloridaGuy who wrote (78780)5/6/2008 1:50:34 PM
From: Jim McMannis  Read Replies (1) of 116555
 
Me thinks the Deflationists have underestimated how far inflation can go even in the face of rising food and energy costs. For like 3 years now.

Just seems to play out in slow motion.

And even in the face of declining home prices (which aren't figured into the inflation reports anyway).
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