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

To: LLCF who wrote (29040)	2/21/2003 6:47:32 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 74559

yes, just when it seems corp earnings to be squeezed more employment cost index is sharply energy costs up each month, despite moronic pronouncements import components rising in price commodity materials rising in price shipping costs rising in price the fools seem to be welcoming a return of "some" inflation but they are incapable of discerning good inflation from bad inflation illiteracy is rampant in all things financial I have never seen such widespread ignorance in my entire adult life this is bad inflation, since it pertains to cost of production good inflation involves the return of pricing power of course, there is none / jim