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Subject:  Re: Home Sales Date:  8/23/2006  1:34 PM
Author:  brewer12345 Number:  17993 of 36476

It is also unclear to me that the inflation demon has been slain. A lot of the inflationary pressure is not coming from wage inflation and out of control consumer spending: It is coming from commodity and energy price surges. The last time we had such a thing, it was not fun to be locked in for the long term (stagflation).
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