Re: guarantees 0% inflation for next 50 years

Dave Long (
Fri, 20 Aug 1999 17:37:27 -0700

It looks like inflation-indexed 30 year US Treasuries are ~200 basis
points off the regular 30's, so the markets aren't betting on 0%

What we probably see here is how much of the drugstore dollar goes
to advertising and distribution, and how little to stuff. If Amway
and price in the same ballpark, we might be able to figure
out a reasonable bound on the stuff-price.