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To: Lucretius who wrote (58960)8/27/1999 8:08:00 AM
From: Giordano Bruno  Respond to of 86076
 
''Probably around 108 (yen per dollar) they'll
have to step in'' and sell the currency

quote.bloomberg.com



To: Lucretius who wrote (58960)8/27/1999 8:08:00 AM
From: KeepItSimple  Read Replies (1) | Respond to of 86076
 
>but there's no inflation...

Will someone please explain something to me? Are equities ENTIRELY EXEMPT from the definition of inflation?

If the dow were to go to 50,000 today, couldn't everyone still say there is no inflation, according to the definition everyone currently uses?