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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (47026)	1/28/2002 10:37:15 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 65232

For the first time since the 1930s, the world's problem is not too much inflation, but perhaps too little. Massive excess capacity, the absence of corporate pricing power and rising unemployment will push inflation lower almost everywhere this year. In America a record number of companies are announcing wage freezes or pay cuts. - The Economist a little inflation is very healthy a little deflation is always a huge risk of larger deflation like now just read that Saudi Arabian princes are buying up reserves of gold hmmm / jim