----- Original Message ----- From: "Michael Pollak" <mpollak at panix.com>
> inflation was low because of conjunctural factors (low commodity prices,
> low economic activity in Asia and Europe, low oil prices, strong dollar)
> that are now changed or changing.
Is this so? Is there any consensus now about rising labour productivity?
Mark Jones http://www.egroups.com/group/CrashList