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phill

11/06/03 1:31 PM

#168758 RE: S Chun-Li #168746

Chun-Li, your monetary observations are very astute. Let's hope the "weeding" can take place in a growing, not shrinking, economy. Many on this board are convinced we again have troublesome inflation. I do not see it, with the exceptions of immobiles, such as real estate, and of protected industries. I just priced a new pickup truck (Toyota) to replace one I bought 6 years ago. The new vehicle, with the same options and better standard equipment than the old, was at a lower price, after 6 years! The Chairman, imho, is correct to be watching, still, for deflation. regards, phill