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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: lurqer who wrote (22618)1/22/2003 1:53:59 PM
From: Bid Buster  Respond to of 57110
 
very well said lurqer...seems you wonder like i do if defaults will overcome inflationist monetary policy..and i don't think they will either in the longer run.



To: lurqer who wrote (22618)1/22/2003 2:26:33 PM
From: MulhollandDrive  Read Replies (3) | Respond to of 57110
 
>>This composite that we experience is not so much a compound as a mixture - with elements of inflation and deflation existing side-by-side. This amalgam will persist for the next several years.
<<

eventually though...one element will exert more pressure.

i don't see how a price constrained economy can hold up under inflationary pressures indefinitely.