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September 09, 2002

Another Roach Gem

Morgan Stanley's Stephen Roach continues his on-target economic analyses-- this week analyzing how the hysteric focus on fighting consumer inflation over the last twenty years was directly related to the stock market inflation that was its result. And the fact that most economists are still fighting the anti-inflation war, ignoring the deeper present threat of deflation and economic stagnation.

Posted by Nathan at September 9, 2002 12:36 PM

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