CURepossession

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The CPI and An Industry Left Behind

GUEST EDITORIAL

In a scene from “Austin Powers: International Man of Mystery”, Dr. Evil, waken from his cryogenic freeze, is ushered into a meeting with his top henchmen who are holding the world hostage on his behalf. When asked what they should demand, he responds “One Million Dollars”, to the chagrin of his compatriots, who have relative knowledge of its diminished value. Unfortunately, this humorous illustration of an ignorance of inflationary factors plays itself out every day in the repossession industry.

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