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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (51800)3/15/1999 8:19:00 AM
From: valueminded  Read Replies (3) of 132070
 
Mike:

Dont you think that the reason for the deflationary edge back in the 30's was our status as a net creditor and producer nation - hence lack of demand= lower prices. Our current status as a net consumer and debtor nation would lead me to believe that we will become inflationary. Agree/Disagree ?
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