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New Mexico | When that IS what is going on now.
The whipsaw that some perhaps think is inflation actually happens to be NET deflation.
2008 is a PERFECT example. Yep the highs came in high....but the lows came back to a NET LOWER plateau. So the next highs will actually be a lower plateau than the last high....AND the lows after that yet another lower level too.
Money supply, inflation spin, dc spin, bail spin.....NONE of that matters. The markets ( ALL of em across the board average ) themselves are the only thing that are Not telling a lie.
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Inflation..... My humble view.....
