I was thinking about the conflicting signs of inflation & deflation.
On Sat, Apr 09, 2005 at 03:11:40PM -0700, paul phillips wrote: > Michael, can you explain what you mean by this? > > Michael Perelman wrote: > > >I've been thinking about the conflicting signals on inflation. I can't > >think of another > >period when the world is seeing such dramatic increasing returns to > >manufacturing and > >decreasing returns to resources hitting at the same time. > > > > > > > > > > Paul P > > > -- > No virus found in this outgoing message. > Checked by AVG Anti-Virus. > Version: 7.0.308 / Virus Database: 266.9.5 - Release Date: 4/7/05 -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu
