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

To: TobagoJack who wrote (50483)	5/25/2004 4:58:30 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

Hi Jay. I think I won't see inflation because there are a LOT of Indians who will compete for business against those overpaid Chinese who produce megatons of goods at already low prices. Plus we have the productivity miracle of the Biotelecosmictechdot.com revolution. Plus we have vast economies of scale. Plus we have billions of people joining forces in the exponential development of humanity with swarms of smart people coming up with great new ideas and ways of doing things. We all need money and Uncle Al KBE has a LOT of it. We don't all have to compete for the few US$ in circulation a decade ago, which would make us lower our prices to get some of them. There are megabillions more US$ now, so prices stay up. It's more than just the NZ$ [which has sagged 15% against the US$] which makes me think we won't see much inflation. Mqurice