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Politics : Ask Michael Burke

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To: Mike M2 who wrote (72944)1/5/2000 9:38:00 PM
From: Mike M2  Read Replies (3) of 132070
 
to all: Credit is not a substitute for capital, but ultimately a consumer of
it. It does not create prosperity, it prejudices it. From mediaeval
princes to John Law, from the German Reichsbank to the US
agencies, the intoxication of easy money has always left a nasty
hangover, once the frenetic whirligig spins to a halt.

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