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Frank Pembleton

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Frank Pembleton

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Re: jrhana post# 1314

Monday, 09/15/2003 8:57:56 PM

Monday, September 15, 2003 8:57:56 PM

Post# of 19037
JR ... I lean towards deflation because our economy is/was geared for $20 oil/$3 gas -- anything more and we put ourselves out of business. I believe plant capacity is at less than 75% and I'm sure it has more to do with the availability of refined petroleum products then the pitfalls of a strong currency. Let's not forget, a strong currency means you can buy natural resources and plant equipment on the cheap.



FP........................................................

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