On Tuesday 14 August 2007 16:24, Michael Madigan wrote:
> Historically, inflation is low.

Hi Michael!

Ha! It ALWAYS is! The figures come from the government.

Here is how the insiders guage inflation: They ask each other questions such 
as:

Can you buy a nice mansion on the water for $20 million? Could you buy a nice 
mansion on the water for $20 million 20 years ago? See, there is no 
inflation.

Can you buy an nice yacht for $10 million? Could you buy a nice yacht for $10 
million 20 years ago? See, there is no inflation.

Can you buy a nice limousine for $1 million? Could you buy a nice limousine 
for $1 million 20 years ago? See, there is no inflation.

Something about a market basket approach, comparing the prices of things they 
usually buy, you know . . .
-- 
Regards,

Pete
http://www.pete-theisen.com/


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