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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Jon Koplik who wrote (7306)2/13/2006 11:00:20 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 33421
 
I'm really not speaking in terms of inflation, I'm looking at the value of the dollar in terms of other currencies.

A reduction in rates would tend to lead to a loss of purchasing power in dollar terms.

Not so?