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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Crimson Ghost who wrote (9379)3/5/2004 8:24:54 AM
From: big guy   of 110194
 
<Another reason why inflation will be the wave of the future:
Can anyone doubt that Fed will monetize the inevitable huge rise in energy prices that is coming in the years ahead.>

I think there is still time to prepare Fillmore if this issue can be brought into the light. I can't understand why it isn't there already. If we were to pursue a path that would lessen the blow of such an event I believe it would also do much to help our ailing economy. By turning our governments spending initiative from securing oil sources abroad to investments in alternative energy initiatives here at home people could be put back to work. And if this peak oil thing turned out to be all smoke and mirrors then the process would have the benefit of reducing our dependence on many unstable regions of the world. If countries like China and India can kick our tails in trade because of cheap labor then think of what an advantage it would be for a nation who could produce with a cheap source of energy.
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