> what's kept inflation low in the US has been low oil prices, low raw > > material prices in general, and the high dollar. > > JDevine > > > > And the excess capacity in manufacturing world wide that has > increased competition and prevented the excercize of monopoly > pricing. No? > > ---------------- And that excess capacity was made possible by credit creation, according to Warburton.
Stephen F. Diamond School of Law Santa Clara University [EMAIL PROTECTED]
