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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (12561)	12/16/2006 8:57:01 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 217795

Inflation is already in the bag: <I am still undecided on inflation vs depression, and am willing to wait for the revelation, when the biblical moment arrives> Have you not noticed the price of gold, oil, land, houses, medical bills, government, wars? Yes, it's true that the price of CDMA [whether terrestrial or space-based], notebook computers and wifi have fallen, along with things Made in China [which includes said CDMA]. But I can't counteract dilution of currencies completely, while Helicopter Big Ben is throwing bundles of bucks out of the helicopter and China is not just matching his efforts but doubling them and Japan is not wishing to be an also-ran. The Deflation stream has been on the lookout for the abominable beast since the 1990s and I have laughed at the prospect of BigFoot showing up any time soon. Uncle Al KBE avoided the biotelecosmictechdot.com attempt on deflationary depression, which had an assist from Osama though Osama's assist was a year too late. Too much market had cleared already. Now the real estate debtors are making an attempt on implosion. Will Big Ben be up to the task? So far, so good and he hasn't cut interest rates at all. Blackhawks have not been redeployed to Manhattan from Baghdad though withdrawal from Iraq is under discussion. Mqurice

To: TobagoJack who wrote (12561)	12/16/2006 11:58:48 AM
From: Ilaine	Read Replies (1) \| Respond to of 217795

Although my hero, Milton Friedman, took the position that "inflation is always and everywhere a monetary phenomenon", it's also true that things become more expensive because they are more complex, value added. This applies to things like education, health care, and Lexus SUVs -- you're paying more, in part, because you're getting more. My sister-in-law recovered from a form of leukemia which was almost always fatal before they perfected the use of bone marrow transplants after myoablation. Her donor had a different blood type but that didn't matter because he/she was otherwise a very good match, so my sister-in-law now has that blood type, and must take drugs to keep from rejecting the graft, but she walked out of the cancer ward at M.D. Anderson Cancer Center in Houston after more than a year, all paid for by her health insurance. Very good value for money. At my sons' universities, they have nifty things like computer workstations for every student in classes wherever the use of a computer is useful, and places to jack in your laptop in every classroom, and cable in every dorm room, night classes for working students, telecommuting classes for all, health clinics, study abroad, big new buildings being built all the time to accommodate more students, and a host of other neat things, again, good value for money. I don't drive a Lexus, I drive a Toyota Sienna, which has airbags for all, and electronic gizmos everywhere, gets reasonably good mileage and is very safe in crashes. Makes my first car, a 1967 Volkswagen Beetle, look like a golf cart. Not to mention the fact that, if I maintain it carefully, may get close to 200,000 miles out of it, while old style Detroit iron self-destructed at 75,000 miles, regular as clockwork. BTW, watching OPEC manipulate the price of petroleum must have made Dr. Friedman come up with a caveat or two. That's not a monetary phenomenon, at all.