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« Wake-Up Call - 08/13/10 | Main | Wake-Up Call - 08/06/10 »
Monday
Aug092010

Wake-Up Call - 08/09/10

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Reader Comments (1)

Recently I posted a comment in response to your oft repeated comments on deflation but recieved no respon se. I am again challenging your view as a consumer of a myriad of services that keep going up. For example supermarket prices. tuition costs for my daughter, health care, property taxes, water bills, eating out etc. It is well recognized that home prices and interest rates on home loans have fallen but pray tell what else. I certainly agree with you generally about the state of the economy but even commodity prices are rising. The full force of quantitative easing may not yet be exerting its full impact but to argue that deflation is the only economic force does not fly with reality.

August 12, 2010 | Unregistered CommenterLancelot

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