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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (6775)	5/2/2008 1:43:16 PM
From: Real Man	Read Replies (2) \| Respond to of 71442

John Williams attempts to do that. Pre-Clinton CPI, which was just a mathematical trick of replacing an arithmetic average, how we buy stuff, with geometric average, a mathematical illusion, is running at 7.5% shadowstats.com Getting it back to pre-Reagan era CPI moves it to 12%, just a hair below 1980 peak. shadowstats.com Such understatement leads to Fed funds being chronically below inflation rate and positive real growth that is really absent. How can a financial economy grow? What goods does it produce? Ah, it produces "services" - the main service being the service of parting you with your money -ggg-