Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Jim McMannis who wrote (55385)	11/2/2004 1:37:29 AM
From: Maurice Winn	of 74559

<Fascinating. And scary. That couldn't happen again could it?> Governments are pixelating new money every day. They are loving it! It's a child-hood dream money tree. They can get away with it because we have been in a major Chinese maths and Biotelecosmictechdot.com productivity boom for 3 decades, interrupted rudely by the 1974 and 1979 oil price explosions. Each dollar they print, they get to spend on themselves and their mates. It's the biggest rort in human history. Those holding money have been diluted to blazes over 30 years. Don't expect the process to stop any time soon. India, China and other countries have still got to get their GDP per person up to OECD levels so they are working for low prices. The technological revolution is still only getting warmed up. Mqurice

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