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Wednesday, August 20, 2008
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RECESSATION: THE WORST OF BOTH ECONOMIC DIRECTIONS


August 19, 2008 - UNFORTUNATELY, it really is different this time. We got the bad news last Thursday that Wall Street was hoping to avoid: Inflation is out of control. And it shouldn't be because the economy is so weak that prices - by any traditional economic theory known to man - ought to be collapsing...

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