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Politics : Ask Michael Burke

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To: Mike M2 who wrote (69423)10/22/1999 1:41:00 PM
From: Freedom Fighter  Read Replies (2) of 132070
 
Mike,

I think there are a couple of things that have helped sustain this bubble.

1. We DO NOT have free markets. Under a completely fiat monetary system the normal free market relationships can
be short circuited for a very long time. Add to that the U.S. position as a superpower with all its influences over the actions of foreigners and they can be short circuited even longer.

2. Some people will say or do anything for a buck no matter who they hurt, how many they hurt, and how badly they hurt them. Even if they're already rich.

Lesson number two is much more distressing to me. I have a different view on a lot of things than I had 3 or 4 years ago.

Wayne
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