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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: bond_bubble who wrote (69452)9/7/2006 11:39:05 AM
From: mishedlo  Read Replies (3) | Respond to of 110194
 
Right now, I expect the US$ to hold its own or even rise.
It may trade in a sideways to up range for years.
I think people are overly bearish on the US$ in general.

Mish



To: bond_bubble who wrote (69452)9/7/2006 2:07:54 PM
From: dpl  Read Replies (1) | Respond to of 110194
 
There was no CPI back then but there was wholesale prices.They dropped a huge amount in the first 3 years of the 1930's.

The more "finished" the product --the less it dropped.Cars,for instance, dropped less than the price of wheat which dropped more than steel.


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