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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: Gemlaoshi who wrote (8545)2/10/2022 1:01:16 AM
From: Maurice Winn  Read Replies (1) of 13801
 
Back in rhe 1970s it would take me about 5 minutes to achieve economic equilibrium. Actually, more like 5 seconds. I would choose my best opportunity and that's about how long it took. Maybe 2 seconds.

For example I chose between 2 jobs on offer while on the phone to Kevin Miles, personnel manager of BP NZ. I told him he'd have to match a competing offer. He refused. So I thought for a few seconds and accepted his lower offer because I liked potential opportunities and whatnot better with BP than James Hardie.

Not months or even years.

Inflation stops when dilution stops. Halve the number of dollars in circulation and watch prices go down.

But most people are bludging thieving slave drivers so they won't vote for that. They vote for more free stuff.

Mqurice

the only way to kill the price spiral was to also kill the wage market..... no. Just stop diluting money and let interest rates rise bigly.
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