--- joanna bujes <[EMAIL PROTECTED]> wrote: > At 05:14 PM 11/15/2002 -0800, you wrote: > >The US is the puzzle. Is it deflation or > >stagflation. Given what I intuitively feel > about > >the US economy's critical mass of true > >unproductivity, I'm betting stagflation. > > Uh, is that the short way of saying > "unemployment + inflation"? > > Joanna
I doubt if anyone in the establishment will notice that much about unemployment. But low measured growth and inflation. Certainly, if inflation in prices exceeds economic growth, then that is some form of stagflation. CJ __________________________________________________ Do you Yahoo!? Yahoo! Web Hosting - Let the expert host your site http://webhosting.yahoo.com
