the fed, page-2

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    Hadrian, from long term analysis of inflation pressures, we are in the same cycle as we where from 1970-1980, 1940-1950, 1910-1920.

    This suggest that inflation is only just becoming a problem in the US.

    Throughout those periods the market was flat to down. Its of no surprise that the 2000-2010 cycle is behaving exactly the same
 
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