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To: Jack of All Trades who wrote (3821)7/14/2000 12:43:48 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 436258
 
one thing that may serve to stop a stock market swoon is the fact that global dollar inflation is running at an about 12% annualized rate.

it is this fact that makes the BLS data so incredible...the inflation of the money supply runs at a rate far higher than economic growth.