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

To: TobagoJack who wrote (18171)4/14/2002 9:05:34 PM
From: elmatador  Respond to of 74559
 
At level 1 inflation is counting as coming down. But at level 2 and 3 inflation is going up.

Message 17327536

That's why its important to frame everything at the economy in the three levels.

If money is being thrown around -to keep 73% of GDP of hedonistic consumption in the US- we have to have inflation at levels 2 and 3.



To: TobagoJack who wrote (18171)4/15/2002 12:29:04 AM
From: LLCF  Respond to of 74559
 
Jay, my friends in Germany tell me that in many cases folks are using the EURO as an excuse to raise prices... don't know first hand.

DAK


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