Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (419854)	9/25/2008 6:04:06 PM
From: tejek	Read Replies (1) of 1574710

A credit contraction will not shut down trade. And it will be a contraction, not a "lock up" with no one lending. A severe contraction might as well be a lockup. then don't rely on a libertarian professor from George Mason University Yeah I should rely on you instead... If I was trying to rely on authority, the chairman of of an economics department would be a bit higher than you, but most importantly I am not relying on, presenting, or using arguments from authority. No one should listen to him just because he's an economics professor or a chairman, nor should they NOT listen to him for that reason. His arguments stand by themselves, not on his status. Two weeks ago, Bernanke was worried about inflation when in fact, we are on the verge of deflation. Bernanke is a Dean at Princeton. Academicians without street experience are often not the best source of info re. activities related to the street. FYI.

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