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To: Frodo Baxter who wrote (1092)	12/3/1998 11:47:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 3536

scmp.com scmp.com Intersesting Links on Japanese banking crisis

To: Frodo Baxter who wrote (1092)	12/4/1998 8:58:00 AM
From: Chip McVickar	Respond to of 3536

Conjectures or conclusions garnered from written material or remembered from conversations is certainly appropriate on informal forums like SI. There use usually doesn't create such entanglements...... I believe the material is in a New Yorker article.....but this may render the facts even more suspect.....>>smile<< I would also imagine the thread is about sick of this "Banter", no matter how good-natured and unusually witty it might be. Ciao Chip

To: Frodo Baxter who wrote (1092)	12/4/1998 9:51:00 AM
From: Jerry in Omaha	Read Replies (2) \| Respond to of 3536

Mr. Kam, <<Until you have some facts to bring to bear, your (Chip's) argument is just layering assumption upon hypothesis upon supposition.>> Sounds to me like a good description of the lofty layers of lasagna that constitute basic Economic Theory. Rational beings, indeed! <G> BTW, Mr. Kam -- In your posting #reply-6526232 were you "bringing facts to bear" when you proposed your Supermarket Price Indicator Table (my nomenclature) as your way of proving that deflation is non-existant or of little concern? In my posting immediately following yours #reply-6526840 I made the following observation regarding your "price facts" to which you have yet to reply: Supermarket prices can be a deceptive baseline for comparison purposes. Do you know how much that same priced one pound can of coffee weighs today? Hint: It's not quite a pound of coffee any more. When was the last time you checked the tissue count on a same price as usual roll of TP? Lawrence, is there a name for this type of price inflation via clandestine measure and weight deflation? I would ask any contributor or reader to answer this question. There are areas where a weight or measure reduction can be interpreted as a productivity increase; in the case of lighter, stronger, thinner containers as an example. But short of "thumb-on-scale" -- in kind of a reverse sense -- is there a specific term or analysis for this economic deflation phenomenon that perverts the consumers ability to make "rational" decisions? Besides, that is, cheating the customer. Jerard P