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Strategies & Market Trends : Waiting for the big Kahuna
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To: tekgk who wrote (7624)10/27/1997 7:12:00 AM
From: Tommaso  Read Replies (2) of 94695
 
So far the money bulge is a very short-term thing.

But if it keeps up, you are right.

The average lag between monetary inflation and price inflation (according to Friedman & Schwartz) is about two years, so there may be time to wait and then go into hard assets or at least high-yeild money market funds.

But none of these things ever play out according to a set script.
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