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Politics : Ask Michael Burke
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To: Mike M2 who wrote (72915)1/5/2000 3:41:00 PM
From: BGR  Read Replies (2) of 132070
 
Mike,

Do I need to line up other nobel prize winners who disagree with the Austrian school? Hey, didn't you guys trash Scholes and Merton when LTCM went belly up? :-)

But, that's beside the point. Michael was being totally inconsistent, so I simply wanted to get a consistent, cogent post out of him. That's all. Either monetary recklessness causes CPI inflation or it doesn't. It cannot be both ways, period. Whichever side you are on, that should be self-evident - except, it seems, to Burke.

-BGR.
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