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Pastimes : All Clowns Must Be Destroyed

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To: Grandk who wrote (34062)5/19/2000 8:53:00 PM
From: pater tenebrarum  Read Replies (1) of 42523
 
he's still wrong if he thinks tighter money is Clinton's agenda. there is no politician who likes tight money...never has been, never will be.

i find it amusing how he keeps clinging to the "no inflation" mantra...the gold price isn't an indicator of anything, since it's clearly manipulated to protect all those gold-loan shorts.

although i do think that he's right that the secular trend is not inflationary - we're just experiencing a cyclical inflation upturn.

btw, i think it doesn't matter much what the Fed does from here on out...it will be a mistake anyway.
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