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

To: Maurice Winn who wrote (23138)	9/3/2002 3:45:52 AM
From: LLCF	Respond to of 74559

<Green$pan hasn't mispriced money. It's been done about right> We agree to disagree there... we could play dueling PHD economists, but what's the point. Your and my assertions combined wouldn't fill a tea cup. <The basket of goods and services approach is too messy with hedonics and all that stuff making pricing particular items and services fraught with difficulty. > This assertion negates this one: <<You can tell whether money is priced right or not by the inflation rate. >> How about this.... if the dollar moves down 25% MORE from here over the next 2 years I'm right and if not, you're right? And I'll take the free call option: if gold moves through $500 in the same time period I'm right? DAK