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Post# of 704041
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lee kramer

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lee kramer

Re: sarai post# 125631

Wednesday, 07/02/2003 2:57:44 AM

Wednesday, July 02, 2003 2:57:44 AM

Post# of 704041
sarai: I have to give your post more thought, but one thing Mr. Flerckstein said was troubling. Yes, he was accurate when he said that "deflation is a CONSEQUENCE of prior...policy."
But deflation is the removal of funny-money government counterfeiting from the economy; quite the opposite of inflation. Lower prices are the consequence, or they should be. I'll get back to you when I give your post more thought.
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