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To: kendall harmon who wrote (72714)11/22/1999 11:32:00 AM
From: lee kramer  Read Replies (2) | Respond to of 120523
 
Someone far sharper than me pointed out that inflation fears are greatly modified since much of the "tight"labor supply in the US is being exported to countries where labor is paid at far lower hourly wages. I maintain my position that there's virtually no inflation...that deflation is the potential problem. (Lee)