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Politics : Ask Michael Burke

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To: Giordano Bruno who wrote (70492)11/13/1999 11:49:00 AM
From: Tom M  Read Replies (1) of 132070
 
jj/all, data like that taunts for a return to the gold standard, but how do we make our statement when the media is under "street" control? Ironically this is happening under Greenspan's watch - exactly the kind of shenanigans he pointed to in this 1981 article about why we should return to a gold standard: gold-eagle.com

People who don't like the printing that's going on and the hyperinflation that appears on the horizon (not to mention the substantial inflation currently denied) need a vehicle of expression. The UPS IPO just created 30,000 millionaires (12x book value for 10% of the company), and I don't have to mention the printing press guised as the internet. Interest rates on savings don't have a snowball's chance in hell of keeping up when a loaf of Clintonian bread goes to $1000 bucks. I hate to think of the difference in price of my last pickup truck vs new ones (new era PPI & no pricing power?). I had no idea our system was so vulnerable to one man's hubris. I think we need to pick a small cap stock to put on the map as a vehicle for expression (metals?)- is it legal to target one by name or do we have to speak in generalities for the SEC?

thanks in advance for any discussion,
Tom
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