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Pastimes : The Naked Truth - Big Kahuna a Myth
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To: accountclosed who wrote (34486)4/19/1999 9:35:00 AM
From: Lucretius  Read Replies (1) of 86076
 
i agree that "inflation" will not be a problem for several years. The reaosn I think we are going to bomb is flow of funds. When the dolalr falls... bonds will fall (foreigners own our debt) thus raising interest rates and making stocks less attractive.. also throw in the fact that US stocks will no longer be the place to play for international players as our currency will be falling. A weak currency here slows the recovery overseas... etc.

we won't see inflation until the world economy turns up sometime down the road.

IMO
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