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["Lynda" <lurine AT softcom.net>]

Well, more important at the moment would be, perhaps, the hacking of the 
World Bank?

Lynda
----- Original Message ----- 
From: "Don Bowen" <don.bowen AT earthlink.net>


> > > >Inflation is a constant, minimal at times but crazy at
> > > others.
> >
> > Not always.  Recessions sometimes produce periods of deflation.  This one
> > won't.  The bailout, loans, interest rate cuts, etc. are seeing to that.
>
> Yes, deflation can and has happened but over the longer term inflation is 
> a
> constant.
>
> The way they are fighting the current problems could very well lead to 
> hyper
> inflation.  They are dumping a lot of cash on the system and running up 
> huge
> debts.  The way every government in history has paid its bills is via
> inflation.  With the bills we have run up and the cash thrown about the 
> next
> round of inflation could be a dozy.
>
> Don Bowen  KI6DIU
> http://www.braingarage.com/Dons/Travels/journal/Journal.html
>
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