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Re: lee kramer post# 371659

Saturday, 03/19/2005 12:35:05 PM

Saturday, March 19, 2005 12:35:05 PM

Post# of 704044
>>Are you suggesting that there were "asset inflation dynamics" in 1929?<<

Yes I would. 'Crashes" are usaully the by product of overly inflated prices - bubbles. Why would you say there was not asset inflation?

Joe

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