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To: E.J. Neitz Jr who wrote (48467)6/5/2003 10:47:23 AM
From: Nemer  Read Replies (1) | Respond to of 53068
 
ED...

>>> I am certain of one thing: I have no idea how this will play out. Neither does anyone else.

in the long run
we will all be dead
of that I'm sure

>>>>>Enough said. Back to hibernation

no fair
keep posting as I've missed you here

tt



To: E.J. Neitz Jr who wrote (48467)6/5/2003 11:21:00 AM
From: Triffin  Read Replies (1) | Respond to of 53068
 
Hi Ed ..

The biggest "red flag" is the recognition by the Federal Reserve that deflation is a concern.

Help me out here .. I was born in the 50's so I
don't have practical experience with a full blown
deflation/depression .. but what's wrong with a
'little' deflation ???? You have low or falling
interest rates, stable to falling prices for most
things one needs to buy .. as long as the 'demand'
side of the equation for goods and services doesn't
experience a complete collapse .. where's the harm ??
All in all I'd rather live in a world with mild
deflation vs mild inflation .. thoughts ??

Jim in Ct ..