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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Big Bucks who wrote (25339)10/15/1998 10:17:00 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 70976
 
BB: I hear you on deflation. So far, so good. I am betting on Greenspan. Soft landing is what I expect and that is exactly what you got from the good Doctor in 1994. I like a guy with experience and a good track record. Anyone can box with ghosts. If you want a perfect world to invest in, then you will be always waiting patiently and paying a higher price if you buy at all.



To: Big Bucks who wrote (25339)10/16/1998 8:06:00 AM
From: MrGreenJeans  Respond to of 70976
 
BB

Inflation is dead, we are just entering a phenomenon that the US hasn't seen in 50 years DEFLATION

You are definitely not a student of the Federal Reserve. The money supply, off the top of my head, has been growing for 6% plus, as measured by M3, for the past couple of years at the minimum. Deflation is not a threat under these conditions. Deflation does not occur with an expanding money supply. That is the way it is.


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