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Pastimes : Discussion Thread

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To: DMaA who wrote (1433)	8/8/2008 10:28:41 AM
From: c.hinton	Read Replies (1) of 3816

i must add that you seem to be unaware of the effect expectations of inflation or deflation can have over the long term........ TODAY the germans still worry about inflation because of their experience in the 20s..... TODAY our current monetary policy is driven by our experience with deflation in the 30s...... i am sorry to say that you and tim need to open some economic history books.

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