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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 679.68+0.7%Nov 26 4:00 PM EST
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To: Jorj X Mckie who wrote (35576)12/21/1999 2:09:00 PM
From: Les H  Read Replies (2) of 99985
 
Every central bank is doing the same. Israel money supply up 100%. Ireland up 25%.

It's all part of a long-term strategy to cook the government budget deficits. Print more money, cook the government economic statistics to 'control' entitlement spending and credit markets, sell gold to keep currencies up, ... The goals is to inflate their way out of deficits. Not to mention, the so-called 'emergency spending' bucket, which is off-budget, and the lawsuit approach to raising taxes.

biz.yahoo.com
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