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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: AC Flyer who wrote (17100)3/20/2002 3:09:21 PM
From: JBTFD  Respond to of 74559
 
Confucious says:

"One month's good numbers does not a year's growth make". -g-

Where'd you get 2% deflation from?



To: AC Flyer who wrote (17100)3/20/2002 5:41:51 PM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
< In periods of deflation, GNP growth in nominal dollars understates actual growth measured in real (inflation-adjusted, or in this case deflation-adjusted) dollars. 5% nominal growth plus 2% deflation equals 7% real growth. >

AC, that's deflationary inflation causing rapid negative recessionary growth ... which is, of course, very, very bad for the economy...

Mq


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