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


To: Jorj X Mckie who wrote (44245)7/16/2003 1:03:25 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 57110
 
i'm still on the fence about the stagflation scenario...

we saw that in the 70's and i think demographically we are in a much different place than that now

the definition of stagflation is general rising prices while at the same time no real growth in the economy.

and the demand/capacity imbalance still argues against pricing power.