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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (9412)11/5/2002 10:47:12 AM
From: CYBERKEN  Respond to of 9719
 
A three-year run of 5% inflation would certainly sweep away today's economic concerns. That was not, of course, true 10 years ago, or for the 30 years before that. But the problem with economics is that people learn yesterday's lessons just about the time their opposites become the threat.

That unfortunate situation is, IMO, why we have economic cycles-and probably always will.

Welcome to the New Deflation...