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To: Road Walker who wrote (130224)	3/19/2001 2:36:52 AM
From: Amy J	Read Replies (1) \| Respond to of 186894

Hi John, RE: "by lowering prices, yet they have to maintain all their fixed costs. " But with deflation, fixed and variable costs can improve. A company can be creative, efficiency can improve costs, components are cheaper, and wages aren't spiraling out of control. So, with deflation, I see a lot of options. I don't see the same options with inflation. I continue to think inflation is the worse of the two evils: inflation can erode your money, deflation doesn't do that. Regards, Amy J