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Deflation Bogeyman

Started by pkamm, 05/15/2003 09:51AM
Posted 05/15/2003 09:51AM Opening Post
Another reason for continuation is today's PPI number which fed the already rampant deflation rumors. The Fed is playing the bond market like a fiddle with its deflation - worry talk earlier this month. Personally, with the monetary base up 7.0% year-over-year I just don't see deflation happening.