Re: [CANSLIM] For Tom W.

From: Spencer48@aol.com
Subject: Re: [CANSLIM] For Tom W.
Date: Tue, 10 Sep 2002 00:06:21 EDT

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Gene:

     I believe the Great Depression in the 30's was a "deflationary 
depression".  That is, there wasn't enough money around (prices were falling 
and the money supply was shrinking); and the "depression" part meant that the 
economy was contracting.  

     Germany, before WWII had an hyper inflationary depression.  That is, 
there was so much money (the German Government was printing it by the bushel) 
that it wasn't worth anyone's while to work or to produce (because the money 
received for wages or articles that were sold was not worth the paper it was 
printed on).

jans



In a message dated 9/8/2002 9:52:04 PM Eastern Daylight Time, 
stkguru@bellsouth.net writes:

<< Tom, can you help me understand deflationary depression?
 
 Thanks,
 Gene >>

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