Breitling   [Post 2 of 2]

There is inflation but it’s 100% policy based inflation.  You had this currency that was worth a lot of money...What was their number one export?  Energy.  Then war came along.  You had war inflation.  But did Iraq’s customer base change?  No.  Did their oil producing output change?  No, it went up.  That’s where you’re going to find the value.  That’s where the value is coming from.  That’s it.