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

To: Hoa Hao who wrote (100835)	8/14/2009 12:49:16 PM
From: philv	Respond to of 116555

We have to agree on the definition of inflation first. Some people say when prices go up, its inflation. There is good inflation and bad inflation. Assets going up is supposed to be good, prices which follow is bad. One indicator everyone is watching is wages, and with the unemployment the way it is, unless you are a CEO, there is no inflation in wages. Some people maintain money printing out of thin air is the root of all inflation. Some things go up, others go down. The net effect? From my observation, many people are seeing their standard of living dropping. That's not inflation. Cost of goods & services may go up, but if wages are stagnant, it can be argued it still isn't inflationary. I'm sure Mish has some well developed thoughts in that regard.

To: Hoa Hao who wrote (100835)	8/14/2009 1:13:13 PM
From: jmiller099	Read Replies (1) \| Respond to of 116555

They sent that $600 to taxpayers AND non-taxpayers! I am a tax payer and I didn't get one!