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Strategies & Market Trends : Asia Forum

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To: Joseph Beltran who wrote (5747)	8/21/1998 2:45:00 PM
From: Joseph G.	of 9980

<< I think Greenspan has to concede now that the threat of a recession is much larger than the threat of inflation. We are in a deflationary spiral here and the only cure that I'm aware of is to print and print more money. That goes for the u.s. as well as all of asia. The IMF should immediately relax the deficit constraints in s.k. and get money into circulation. even more important for japan to do so. >> Why stop there? I think US treasury just should issue a guaranty of 36% per year to all stock holders who risk their health by sitting all day on sofas and dreaming of retirement at 39. They risk their hard earned $10k to get rich fast - should not the Government do something to reward them? Why not? Why work if The Govenrment can just print money and give it to deserving citizens?

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