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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Chispas who wrote (65557)5/16/2007 12:09:34 PM
From: benwood  Respond to of 116555
 
Speaking of runaway retail inflation, Washington State's #2 health care insurer is raising rates 19% this year:

seattletimes.nwsource.com



To: Chispas who wrote (65557)5/16/2007 1:08:59 PM
From: Moominoid  Read Replies (1) | Respond to of 116555
 
The reasons why inflation isn't that high is that if it was then real GDP would be falling. That can't be true or we'd be seeing rising unemployment. Nominal GDP numbers can be double-checked relative to sales growth reported by firms. There is simply no room in the numbers for the kind of level of inflation that some people claim exists.


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