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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Thomas M. who wrote (7325)	11/7/1997 12:56:00 PM
From: Defrocked	Read Replies (1) \| Respond to of 18056

Deflation refers to dropping prices while inflation refers to increasing prices.

To: Thomas M. who wrote (7325)	11/7/1997 12:57:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 18056

Thomas, it is inflationary for those countries that are devaluing but deflationary for countries that need to compete with the devaluing countries and import from there. Elementray, DEar Dr. Watson, they now sell to us at a lower price then yesteryears and buy from us at higher prices. Zeev