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Hi RTs,
Paul Kasriel (Northern Trust) did a study on current inflation:
http://www.northerntrust.com/rd/rd35/daily1999/daily_29nov.html
Any thought on this topic?
Book Review:
I have finished reading George Soros' "The Crisis of Global
Capitalism". The only interesting part is his trading activities in
Asian Crisis in 1997. Other than this, the book is a big
disappointment. This book is a philosophical maze. If you know someone
who likes philosophical maze, this book is perfect gift for Christmas.
If you want to learn Soros' Macroeconomic theory, his first book "The
Alchemy of Finance" is a far better choice. In my opinion, "The Alchemy
of Finance" is a gem.
Mervin
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