[lbo-talk] Radical Deflation!!!!

Doug Henwood dhenwood at panix.com
Thu Apr 10 11:13:18 PDT 2003


LouPaulsen wrote:


>Doug, we need some economic expertise here
>
>http://www.nytimes.com/2003/04/09/international/worldspecial/09CND-TOWN.html
>
>"Times are hard. The value of the Iraqi dinar has fallen 150 percent
>since the beginning of the war."

Hmm, maybe because you'll get shot by the Marines if you're caught with one? That does beat the negative interest rates in Japan, for sure.

Doug



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