RE: excess capacity and credit

2002-02-19 Thread Devine, James
> what's kept inflation low in the US has been low oil prices, low raw > > material prices in general, and the high dollar. > > JDevine Paul Phillips: > And the excess capacity in manufacturing world wide that has > increased competition and prevented the excercize of monopoly > pricing. No? St

excess capacity and credit

2002-02-18 Thread Steve Diamond
> what's kept inflation low in the US has been low oil prices, low raw > > material prices in general, and the high dollar. > > JDevine > > > > And the excess capacity in manufacturing world wide that has > increased competition and prevented the excercize of monopoly > pricing. No? > > ---