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Politics : Ask Michael Burke

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To: yard_man who wrote (75357)2/7/2000 2:45:00 PM
From: Freedom Fighter  Read Replies (1) of 132070
 
Tippet,

Personally I think the fiat money crowd (government and central bankers) is made up of three types of people.

1. Those that are in denial about the bubble, want to believe in the "new era", and therefore willingly accept any and all attempts to rationalize it.

2. Those that know it is a bubble, but will blame it on capitalism, greed, and deregulation when it finally blows up. (Instead of fiat money and easy credit)

3. Those that haven't figured out we are in a bubble yet.

All three groups will do whatever is possible to delay the inevitable.

Wayne
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