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Strategies & Market Trends : Graham and Doddsville -- Value Investing In The New Era
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To: Freedom Fighter who wrote (657)8/20/1998 7:05:00 PM
From: Axel Gunderson  Read Replies (1) of 1722
 
Wayne:

As I mentioned back in post #622, I also recommend the book. But take a look at the inflation data. I think that really poses a question for this "non-inflationary era" outlook. Even the recent, "low" inflation we've had is above the historical norm. So rather than arguing we are in a new era of low inflation, we should be pondering "are we in a new era of high inflation? or is this high inflation an anomaly, and we will be returning to the norm?"

Axel

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