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Mr. Salmon,
Apr 29 10:30 am
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All Comments by Little Turtle »Two Trades for 2008: Subprime and TIPS [View article]
Since you pose as a serious professional, I wonder why you don't explain how much purchasing power a TIP's buyer IS LOSING considering that U.S. M3 (inflation) is running now at around 17% a year!
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People, wake up!
Do you know that CPI (some items) is self-adjusting and self-correcting according to people's choices rather than on absolute price of goods?
Are you aware that CPI is bogusly build?