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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (12647)1/4/1998 2:44:00 PM
From: kas1  Read Replies (1) | Respond to of 94695
 
Can someone please explain to me why deflation is a problem? Couldn't we just fire up the ole printing presses to cure it?

My belief has always been that the unstated reason that some degree of inflation is desirable is to enable businesses to covertly cut the real wage of labor. I doubt you'll ever hear Greenspan say that....



To: Haim R. Branisteanu who wrote (12647)1/4/1998 3:03:00 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Haim,

Very interesting...

So the baby-boomers have not only NOT dealt with a bear market but they also haven't dealt with deflation...

Maybe THAT is the one-two punch that is coming to make them all wrong!

IMHO.

Bill