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To: pater tenebrarum who wrote (88082)	3/30/2001 1:56:53 PM
From: AllansAlias	Read Replies (1) \| Respond to of 436258

The ebb and flow... You know, one of those non-quantitative Elliott think charts. -g

To: pater tenebrarum who wrote (88082)	3/30/2001 2:19:31 PM
From: dpl	Read Replies (3) \| Respond to of 436258

That graph was done by a researcher doing a study of inflation over the long term.He used the price of beans since it was the only thing that went back that far. According to him inflation over the long term came in bursts followed by stable prices.The bursts were caused by social changes.The burst we are in now that started in the 30's is from goverment intervention. He explains it with an example.A steak dinner now costs more than a steak dinner 100 years ago because you pay for more now than then.Now you pay for things like the employees income tax,SS tax,corp tax,regulations on the resteraun,all these taxes on the people that supply your company, etc.