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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: stockfiend who wrote (83546)8/21/2008 3:00:59 AM
From: mishedlo  Read Replies (1) of 116555
 
So two tech companies lowering prices to get market share equates to a macro deflationary trend? I guess that means Intel and AMD ushered in global deflation 10 years ago.

There is a big difference between deflationary force and deflation.

But in your example, yes, the internet was an enormous deflationary force. It's rather sad that you cannot see that.

Mish
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