Ed Yardeni is speaking at the Bloomberg 2010 Hedge Fund conference and is saying that the Federal Reserve does not really need inflation, if deflation is based on productivity.
People aren't going to buy things at McDonald's MCD in advance. McDonald's raised prices to combat rising food inflation.
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Posted In: Hedge FundsMovers & ShakersEconomicsBloomberg 2010 Hedge Fund ConferenceConsumer DiscretionaryEd YardeniRestaurants
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